THE WHAT? UK Business Secretary Kwasi Kwarteng has announced nine innovative business-led research partnerships to develop new technologies, backed with more than £75 million in joint investment from government, business and academia.
THE DETAILS As a result of the new financial support, Unilever will partner with the universities of Liverpool and Oxford to reduce the carbon footprint of everyday consumer products such as shampoo and laundry detergent. The collaboration will see researchers invent and design sustainable materials from waste through methods such as carbon capture.
Chemicals company Lubrizol will also receive funding for a project, in partnership with the Universities of Nottingham and Warwick, to decarbonise the specialty chemicals industry.
THE WHY? The partnerships will not only help decarbonise the global supply chain and contribute to the UK’s net zero ambitions but they will also help to drive local economic growth and create highly skilled jobs. Kwarteng commented, “As we build back better through innovation, we are putting the funding and structures in place so those at the top of their field – in business, research and academia – can develop world class products and technologies that could change all our lives for the better. The partnerships we are throwing our weight behind all have innovation at their core.”