Presented Problem: Market size could be 8 times larger if can cut intermediate chemical cost by 35%
History: Process had been worked on for 3 years by several chemists and chemical engineers and was thought to have already been optimized.
Core Problem: Slow reaction due to feed pressure issues and poor selectivity to desired product due to side reactions.
New Process Results: Increased yield from 54% to 85% and cut cost by 41%.
Business Result: Annual profits increased by $11 million.
ROI (Record of Invention) filed. (contact me for more info on this)