Rotorua Crown Research Insitute Scion has won a 2016 KiwiNet Research Commercialisation Award.
The winners of the awards, designed to celebrate commercialisation success within New Zealand's universities and Crown Research Institutes, were announced in Auckland last night.
Scion and Sonae won the MinterEllisonRuddWatts Research & Business Partnership Award for Woodforce - a high performance wood fibre-reinforced plastic.
Judges said the partnership had unusual strength in longevity for a licensee/licensor relationship.
"They have managed to put together their skills of business and research in a highly complementary fashion. Scion has a deep understanding of the whole supply chain to significantly influence how the market operates. Wood replacing oil is impressive and has potential to make major disruptive impact."