West Virginia Patent of the Month – November 2023

AVN Corporation is a leading research and development firm solving the world’s toughest problems in science and technology. Recently, the company has been granted a patent for their catalyst support compositions.

AVN’s catalyst is 95% silicon carbide, leaving out the traditional messy clay binders. This makes it super clean and effective when transforming ethylene into ethylene oxide, a crucial step in making various products we use every day. This catalyst isn’t limited to just ethylene transformations. They’re versatile, working wonders in reactions like oxydehydrogenation of ethane and propane.

AVN scientists have a wide range of experience in catalysis, developing both homogeneous and heterogeneous catalysts to address needs across the industry. It’s this experience that has supported the company in developing the preparation protocols to achieve such precision in their silicon carbide catalysts.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Recent Posts