A new donation of $1.125 million by Newalta Corporation will support research and development efforts at Western to discover technologies to protect the environment and create value from perceived wastes generated by industrial sectors such as oil and gas, refining, pulp and paper, mining and manufacturing.
“We are thrilled to be partnering with North America’s leading provider of resource-recovery solutions,” said Janice Deakin, Provost and Vice-President (Academic) and Acting Vice-President (Research). “We will be able to provide unique learning opportunities for our students and researchers, while working to bring innovative, environmental technologies to market more quickly.”
The company will provide $1 million over the next five years to advance novel environmental engineering research, including development of clean technologies. The first project identified will develop cost-effective solutions for recycling and recovering valuable products from industrial residues and waste streams in oil sands.
An additional $125,000 will support the Newalta Corporation Ontario Graduate Scholarships for Master’s or Doctoral graduate students in the Faculty of Engineering who are focused on environmental engineering research in the areas of waste treatment, recovery or recycling. Every $5,000 in funding from Newalta will be matched on a 2:1 basis by the Ontario Graduate Scholarship program to create five $15,000 scholarships annually for each of the five years.
“As an industry-leading company, Newalta is committed to investing in our future,” said Craig Wilkie, Executive Vice President at Newalta. “Our partnership with Western is an excellent opportunity for Newalta to support the leaders of tomorrow in their academic pursuits, while investing in research and development that will help broaden the engineered environmental solutions we offer our customers.”
Deakin added, “Through advanced remediation and biofuel research, and our Master’s in Environmental Sustainability program, Western is training leaders who are better prepared to address both the environmental challenges and opportunities facing our world.”
Building upon a customized leadership program the company established with Western’s Richard Ivey School of Business three years ago, this new partnership extends Newalta’s existing relationship with Western. To date, 90 Newalta leaders have participated in the intensive, one-week Foundations of Leadership program, with another 30 slated to participate in 2012.
Douglas Keddy, Research Communications Manager, Western, 519-661-2111 ext. 87485, email@example.com
Greg Jones, Director, Corporate Communications & Community Relations, Newalta, 905.630.3991, firstname.lastname@example.org
Western delivers an academic experience second to none. Since 1878, The Western Experience has combined academic excellence with life-long opportunities for intellectual, social and cultural growth in order to better serve our communities. Western challenges the best and brightest faculty, staff and students to commit to the highest global standards. Our research excellence expands knowledge and drives discovery with real-world application. Western attracts individuals with a broad worldview, seeking to study, influence and lead in the international community.
Newalta is North America’s leading provider of innovative, engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from industrial residues. We serve customers onsite directly at their operations and through a network of 85 facilities in Canada and the U.S. Our proven processes, portfolio of more than 250 operating permits, and excellent record of safety make us the first-choice provider of sustainability enhancing services to oil, natural gas, petrochemical, refining, lead, manufacturing and mining markets. With a skilled team of more than 2,000 people, a two-decade track record of profitable expansion and an unwavering commitment to commercializing new solutions, Newalta is positioned for sustained future growth and improvement. Newalta trades on the Toronto Stock Exchange (“TSX”) as NAL. For more information, visit https://www.newalta.com