IBC was founded in 1988 by, and named after, three Brigham Young University (BYU) Professors: Dr. Reed M. Izatt, Dr. Jerald S. Bradshaw and Dr. James J. Christensen (Founders), as a spin-off from the Center for Chemical Separations at BYU, following receipt of a State of Utah Centers of Excellence Program grant.
IBC’s creation stemmed from disruptive, original research at BYU by the three Founders beginning in the 1960s. This early work resulted in the discovery and quantification of principles that govern molecular (host-guest) recognition in chemical systems. Identification and elucidation of these principles were the basis for extensive synthesis of organic host compounds and the thermodynamic study of the interaction of these hosts with a large number of metal and other guest species.
Molecular Recognition TechnologyTM (MRTTM)
The term Molecular Recognition TechnologyTM or MRTTM was originated in 1988 by Steven R. Izatt to describe the application of IBC’s novel selective separation systems to real-world problems. Addition of “Technology” to “Molecular Recognition” denotes manufacture of a product and its use in an industrial process.
Rapid, Efficient and Cost-Effective Production of Pure Metals
In the mid-1990s, MRT™ systems were installed at top-tier platinum group metal (PGM) refineries in Japan at Tanaka Kikinzoku Kogyo K.K. for catalytic converter recycling and in South Africa at Impala Platinum, Ltd. for refining primary mine feed.
Introduction of MRT™ PGM refining systems marked the first disruptive innovation in PGM refining since the early widespread use of solvent extraction, ion exchange, and precipitation nearly a half century earlier.
Following these successful commercial installations, IBC’s SuperLig® MRT™ products and processes have been extensively adopted worldwide for the refining of platinum group metals (PGM).
A key metric in IBC’s growth has been the development and industrial implementation of highly selective MRT™ separation systems that generate minimal waste, have minimal carbon footprint and conserve space, time, labor, energy and chemical resources.
The power of highly selective separations is built into IBC’s products, processes and services to rapidly, efficiently and cost-effectively:
- Purify elements critical to green energy, cancer therapies and production of value-added products that are essential to the functioning of modern society
- Clean-up nuclear and other wastes
- Remove toxic elements from product, process and aqueous streams
MRT™ and Metal Sustainability: Foundation of the Green Revolution
IBC: Delivering Positive Environmental, Social and Governance (ESG) Impact as the Leader in Highly Selective Separations
- Exceptional value to customers
- Highly innovative and cost-effective Molecular Recognition Technology™ products and processes
- Manufacturing excellence