Chapter 938 - 320, DuPont_2 taking the initiative to visit
"The patent for vinyl acetylene indeed belongs to our company!"
Then he explained the specifics to Donnie.
It turned out that not long ago, Professor Newland from Notre Dame University in New York had made significant advances in the field of synthetic rubber. Utilizing copper as a medium, Dr. Newland extracted a yellow oil-like liquid from acetylene, which was dyed vinyl acetylene.
"According to our company’s research, if hydrochloric gas is extracted from salt and then added to vinyl acetylene, it would result in a substance with sufficient elasticity and flexibility. Moreover, this substance could replace natural rubber.
However, this research is still incomplete, so the company decided to wait until the research is completely successful before informing your boss!"
Donnie understood well that in this era, technological development represents a company’s potential. Thus, he decided to collaborate with MIT and invest in various research labs there.
During this period, when Donnie chatted with Robert, Café Jackson, and others, he also mentioned that the investments shouldn’t focus solely on MIT; it was necessary to collaborate with more schools, seek out their latest technological patents, and purchase them.
Even if they don’t conduct research themselves, they could still leverage these patents for partnerships with other companies!
Thus came the research labs under Venus Bank’s investment department!
Donnie hadn’t expected that this venture would yield results so quickly.