Celtic Renewables' success at Chemical Industry Association Awards

28 June 2013

ECCI supported company Celtic Renewables Ltd was awarded the GSK Innovation Award at this years Chemical Industry Awards Ceremony.

Celtic Renewables saw off stiff competition from industry leaders such as Dow Chemicals and Eli Lilly, to win one of the most competitive awards of the evening, the coveted GSK- innovation award. The annual event is the premier event in the £18bn UK chemicals industry sector and represents the most prized industrial accolade in the sector. 

GSK Innovation Award – Winner: Celtic Renewables Ltd, Edinburgh

Celtic won this award for the innovative method of taking the waste from the Scottish Malt Whisky industry and turning it into biobutanol which can be use directly blended with diesel. The innovation has attracted worldwide media attention and has featured on the BBC, Sky and CNN. The concept has been proven on a large scale and the business case made for a full commercial plant. Using waste from the Scottish whisky industry alone could create a £100m business. 

Professor Martin Tangney, founder and President of Celtic Renewables said “We are honoured by the national recognition given to Celtic Renewables and thrilled to win this Award. Scotland is leading the way in the chemicals industry and we are delighted to be part of a sector supporting jobs and boosting the economy.” 

Scottish Enterprise head of chemical sciences, Caroline Strain, said: "Congratulations to Martin Tangney & his team at Celtic Renewables on this very well deserved award.  Investing in innovation is fundamental to the growth of both the chemical sciences sector and Scotland's economy.  Supporting companies such as Celtic Renewables, which has brought its innovative ideas from the laboratory to the global market, is exactly what Scottish Enterprise does well, to help businesses and Scotland continue to compete at the highest level, worldwide.  I wish Martin and his team every success for the future.”

Related Links

Celtic Renewable wins best pitch award at Scotland's biggest investor event: http://www.edinburghcentre.org/news/EIE13

ECCI and Celtic Renewables: http://www.edinburghcentre.org/Celtic-Renewables-Case-Study.html