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The scholarship is funded by an endowment from MICA Corporation and the Siegel family. PLACE serves the interests of the industries relating to its name (Polymers, Laminations, Adhesives, Coatings and Extrusions). Industries pertaining to these technologies include packaging, industrial films and laminations, blown and cast films extrusion, extrusion coatings and laminations, sheet extrusion and printing associated with these areas.