RALEIGH, N.C. — Kingsport, Tenn.-based Eastman Chemicals Co. has entered into a six-year, $10 million deal with North Carolina State University to conduct joint research in chemistry, materials science and other scientific disciplines.
Eastman will provide $10 million over six years in support of the Eastman Chemical Company Center of Excellence (ECCE) partnership and establish the Eastman Innovation Center (EIC) laboratory, which will be located on NC State’s Centennial Campus.
“We’re excited about the possibilities the Eastman Innovation Center being established at NC State brings,” said Dr. Greg Nelson, senior vice president and chief technology officer at Eastman Chemical Company. “Our partnership launches a world-class, open innovation collaboration with a leading university. That relationship will help us bring differentiated new ideas, technologies and materials from early stage research to the market more quickly than traditional approaches.”
The agreement also allows visiting Eastman scientists to work in NC State labs and allows NC State researchers to do the same at Eastman sites. NC State students are expected to participate in the research projects.