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Published on Nov 3, 2017
The Research & Development Council of New Jersey was proud to honor 14 winners with the 2017 Edison Patent Awards. These winners were honored at the 38th Edison Patent Awards Ceremony & Reception at the Liberty Science Center in Jersey City on November 2, 2017. The R&D Council also honored the inventor of Solvaldi, a cure for Hepatitis C, Dr. Michael Sofia; former Merck CEO and Regeneron Board Chair, Dr. P. Roy Vagelos; and Bedtime Math Foundation Founder and Overdeck Family Foundation Chair, Laura Overdeck, for their unique contributions to research and development, to growth in business initiative and STEM education.
BASF and inventors Robert McGuire, Jr., Gary M. Smith, and Bilge Yilmaz received a patent award in the environmental category for “Boron oxide in FCC processes” (U.S. 9,441,167B2). BASF inventors developed a novel step-change technology that solves the problem of nickel contamination in Fluid Catalytic Cracking Units which produce oil refining products. Nickel deposits on the catalyst and renders it less efficient by catalyzing unwanted reactions. BASF inventors used a boron compound to tie up nickel which resulted in the production of less hydrogen and coke, and an increase in valuable product yields. Technology based on this patent—known as BoroCat™—launched in 2015 and has been commercially successful in over ten refineries globally to date.