Well and Chinese Academy of Sciences Announce Strategic Partnership for Sustainable Development Initiatives
Qingdao, China, April 23, 2018 – Well is pleased to announce a partnership with the Chinese Academy of Sciences’ Qingdao Institute of Bioenergy and Bioprocess Technology (“QIBEBT”).
Located in Qingdao, China, the newly formed Well-QIBEBT Technology Centre will provide a platform for multidisciplinary experts from Canada and China to collaborate, test, and develop specialty products through the Asia Biotechnology Accelerator. The Well-QIBEBT Technology Centre’s vision is to transform by-products, which are conventionally deemed as industrial waste, into value-added products.
“The Well-QIBEBT Technology Centre will further our initiatives in renewable energy and sustainable technology development, which will have minimum ecological impact,” said Dr. Keng Chung, Vice President of Well.
QIBEBT specializes in frontier biotechnology, renewable energy, and advanced materials. Ranked #1 in the world for the most joint publications in bioenergy, the internationally renowned institute is supported by over 900 high caliber R&D staff and boasts 13 pilot scale development projects and 2 demonstration sites.
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