58th Annual Report on Research 2013 Under Sponsorship of the ACS Petroleum Research Fund

From the Director:

I am pleased to report that the financial status of the ACS Petroleum Research Fund (PRF) continued to improve in 2013. As of December 31, 2013, the value of the Fund is more than $520 million, which is an increase of $47 million compared to the end of 2012. Moreover, the ACS PRF Reserve fund increased to a new record high of $26.4 million! In 2013, ACS PRF funded 198 research grants totaling $18.5 million. We are grateful to the community of scientific and engineering reviewers who voluntarily provided the external peer reviews that helped our Advisory Board members in their evaluation of the proposals. Taken all together, this has enabled us to fund the excellent research described in the progress reports on this website.   Full message from the director...