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12-04-2009: AkzoNobel has reinforced its commitment to encouraging sustainable growth through technical innovation by launching its Science Award in China. Established in partnership with the Chinese Chemical Society, the honor - to be known as the AkzoNobel Chemical Sciences Award - will be granted to three distinguished scientists every two years.

Originally set up in 1970 to recognize groundbreaking interdisciplinary research and outstanding scientific contributions, the current AkzoNobel Science Award is presented annually and alternates between Sweden and the Netherlands.

"This award not only represents an important part of our heritage, but also indicates that we share the same goal of encouraging pioneering scientific research in China with our partner, the Chinese Chemical Society," explained AkzoNobel Board member Leif Darner, who officially launched the new award today in Shanghai.

Nominations for the first award will take place in early 2010. The laureates - who will each receive a prize of RMB 100,000 - will be selected by an independent panel convened by the Chinese Chemical Society. They will receive their award at a special ceremony to be staged during the annual meeting of the Chinese Chemical Society in June 2010.

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