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PTC Organics, founded in 1999 by Dr. Marc Halpern, is headquartered in Mt. Laurel, New Jersey with a process development laboratory in Willingboro, New Jersey. PTC Organics offers the " PTC Cost Savings Program " in which PTC Organics custom develops high performance PTC processes to improve customer commercial chemical manufacturing operations. Alignment of interest is achieved with the customer since the majority of PTC Organics' compensation is based on performance measured by customer-defined Criteria For Success. PTC Organics invests its expertise and resources on customer projects after screening and approval by its Scientific Advisory Board and determination that the probability of technical success is high and economic impact is significant. PTC Organics' Scientific Advisory Board consists of the three leading experts in industrial Phase Transfer Catalysis:Dr. Charles Starks - inventor of industrial PTC and the "Extraction Mechanism" in the 1960's, coined the term "Phase Transfer Catalysis" in his classic article in 1971, was Vice President of Research at Vista Chemical with > 200 staff.