Evonik plans to expand its Research & Development (R&D) centre in Shanghai Xinzhuang with an investment of e18 million. The expansion includes the construction of a four-storey R&D building with a footprint of more than 10,000 square meters.
The new building is scheduled to be inaugurated in mid 2013. “This is the third expansion of our R&D centre in Shanghai since its opening in 2004. The rapidly increasing demand for R&D facilities in Shanghai reflects our strong focus on ‘innovation in China for China’, which is one of our key success factors for our growth in Asia, especially in the Greater China region,” said Dr Dahai Yu, member of the executive board of Evonik Industries. After the expansion, the R&D centre has a total of 35,000 square metres of space, housing state-of-the-art laboratories for research and development, application technology, and technical service, with aims to develop product applications and provide technology service for customers throughout Greater China and Asia.
