MeadWestvaco and India's Council of Scientific and Industrial Research Announce Collaborative Research Initiative

Tuesday March 4 12:26 AM

Global packaging solutions leader MeadWestvaco Corporation (NYSE:MWV) and the Council of Scientific and Industrial Research (CSIR), a scientific research organisation in India, announced that they have signed an Umbrella Agreement for Research & Development Collaboration (UARDC) to partner in collaborative and sponsored research projects that address critical areas in packaging for consumer, agricultural and transportation applications. The announcement was made recently at New Delhi, India after a meeting between John A. Luke, Jr., chairman and chief executive officer of MeadWestvaco, and Professor S. K. Brahmachari, Director General, CSIR.

"We are thrilled the collaboration with the research community in India will extend our combined capabilities to develop packaging solutions for some critical problems that are encountered by industry and several brand owners," said Mr. Luke. "We are eager to begin working on projects with CSIR and its institutes that we have identified as areas of mutual interest."

The research partnership will focus initially on key issues such as sustainable packaging solutions, process innovations related to biomass conversion and packaging innovations utilizing advanced materials. The research partnership shall be overseen by a Leadership Innovation Committee, with each have three standing members on the Committee, which will be co-chaired by Dr. S Sivaram, Director, National Chemical Laboratory and Dr. Fred Renk, Director of External Technology, MeadWestvaco.

"CSIR is happy to partner with MeadWestvaco on challenging Research and Development activities that will help make tomorrow's world better," said Professor Brahmachari. "We are looking forward to connecting researchers with common purposes and common goals around innovation."

About MeadWestvaco

MeadWestvaco Corporation (NYSE:MWV) provides packaging solutions to many of the world's most-admired brands in the food and beverage, media and entertainment, personal care, home and garden, cosmetics, and healthcare industries. The company has market-leading positions in its Consumer & Office Products and Specialty Chemicals businesses, and operates in more than 30 countries. MeadWestvaco manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the fourth consecutive year. For more information, please visit us at www.meadwestvaco.com.

About the Council of Scientific and Industrial Research

Council of Scientific and Industrial Research is a premier R&D organization of India, with a chain of 37 research laboratories spread all over the country. CSIR covers a wide spectrum of science and technology. It carries out research of value not only to industry, but also to the other vital sectors of economy. Several national and international companies have strategic linkages with CSIR to jointly develop a new knowledgebase. For more information, please visit http://www.csir.res.in.

Contact:

MeadWestvaco Corporation
US Media Contact:
Alison von Puschendorf, +1 804-327-7284
mediainquiries@meadwestvaco.com
or
India Media Contact:
Edelman for MeadWestvaco
Sachin Talwar, +91 (22) 2281 0168
sachin.talwar@edelman.com
or
Investor Relations:
Jason Thompson, +1 804-201-2556

Related Quotes
chart
Top Stories
· Rudd stands by plan to fight inflation - ABC Business News, ( Tuesday March 4, 2008, 12:35 am)
· HSBC takes massive 17 bln dlr hit on credit crunch - AFP Business News, ( Monday March 3, 2008, 11:45 pm)
· Dollar in doldrums before US manufacturing data - AFP Business News, ( Monday March 3, 2008, 11:44 pm)
· World stocks tumble on US recession fears - AFP Business News, ( Monday March 3, 2008, 11:38 pm)
More...

Finance Message Boards
Most recent posts:
Gold and Silver1780
Padbury (PDY)3
Predict house prices to drop 40-50%2093
ASIclub - An A1 network.12
The Real Threat - Global Deflation1281
More Finance Boards

Email this Article Email this story - Print this Article  Printer friendly version

Next article:Tensilica and NuFront to Show T-MMB Mobile TV Solution at China's IIC 2008 Shows
Previous article:Alnylam Announces Grant of Tuschl II Patent in Japan



Copyright © 2008 Yahoo!7 Pty Limited. All rights reserved.
Advertise with Us - Privacy Policy - Terms of Service.