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Axieo Partners with Monash to Establish an Innovation Hub

Australian manufacturers are set to benefit from a new partnership between Monash University and an innovative new local company.

Axieo and Monash University have embarked on a three-year partnership to research and explore opportunities to co-develop innovative solutions for the food and nutrition, plastics, agriculture and mining sectors, and provide industrial training opportunities for graduates in chemical science and engineering.

The "Axieo Centre for Innovation" will be housed within the new, state-of-the-art Green Chemical Futures building at Monash.

Axieo CEO Sam Bastounas, who holds a Bachelor of Science (Hons) in Chemistry and a Master of Business Administration from Monash University said that innovation is the key to unlocking the potential for local industry to be globally competitive.

Axieo launch 

"Axieo serves customers in 109 manufacturing sectors, and one of the key competitive advantages we offer is our commitment to work with them to create products that are better for consumers and better for our environment as well.

"Monash University's Green Chemical Futures facility provides state-of-the-art facilities and equipment and the world class skills and knowledge of Monash staff.

"We are excited about the potential that close collaboration between Monash University's researchers, our industry partners and our team has to customise proprietary technology and provide innovative solutions to our local customers."

"Through Monash's industry links via the Chemical & Plastics Manufacturing Innovation Network, incubation support from the Victorian Centre for Sustainable Chemical Manufacturing (VCSCM) and Axieo's global network, this partnership is poised to do great things", Mr Bastounas said.

Mr Joseph Lawrence, Director of Industry Partnerships at Monash University said: "We are excited about this engaging partnership, which combines Monash University's world-class capability in chemical sciences with Axieo's entrepreneurial drive and expertise to deliver innovative, tailored solutions to the challenges faced by Axieo's customers in a wide ranging global marketplace.

"There is great value in stimulating collaboration between a dynamic company such as Axieo and a world class University, and I have no doubt that Axieo and Monash will together create global industrial impact going forward," said Mr Lawrence.

The Green Chemical Futures provides a unique platform in Australia, to enable collaborations between industry and academia, to foster world-class innovation and training.