ExxonMobil, NTU Singapore, A*STAR to advance sustainable solutions
ExxonMobil, Nanyang Technological University, Singapore (NTU Singapore), and the Agency for Science, Technology and Research (A*STAR) have teamed up to advance sustainable solutions to address global challenges, A*STAR said on April 26.
The parties have announced the establishment of the ExxonMobil-NTU-ASTAR Corporate Lab. This initiative aims to spearhead research and develop solutions to lower carbon emissions, enhance resource efficiency, and contribute to a more sustainable future.
The S$60mn ($47.8mn) Corporate Lab will focus on advancing research efforts in five key areas, including biomass conversion, carbon capture and utilisation, methane utilisation, carbon capture technology, and large-scale carbon application in concrete.
Over the next five years, researchers from ExxonMobil, NTU, and A*STAR will collaborate on joint research programmes aimed at reducing greenhouse gas emissions and enhancing resource efficiency.
The five research programmes undertaken by the new Corporate Lab are expected to generate several technical disclosures, patents, and prototypes. Additionally, it would provide a platform to train a talent pool of graduates, research engineers, postgraduates, and postdoctoral fellows in the emerging field of carbon circular economy.
The Corporate Lab will bring together more than 50 researchers, postgraduate and undergraduate students, and engineers from ExxonMobil, NTU, and A*STAR.