Evonik makes multi million euro R&D expansion to focus on innovation in China

By Andrew McDougall

- Last updated on GMT

Related tags: Innovation

Evonik makes multi million euro R&D expansion to focus on innovation in China
Specialty chemicals firm Evonik has strengthened its research and development efforts in Greater China as it looks to boost local innovation, by investing €18m in expanding its centre in Shanghai Xinzhuang.

The expansion includes the construction of a four-storey R&D building of more than 10,000 square metres. The new building is scheduled to be inaugurated in mid 2013.

“This is the third expansion of our R&D center 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.

In China, the Germany-headquartered company has set up a Scientific Advisory Board for the knowledge sharing and cooperation between Evonik and the leading Chinese chemical scientists.

Enhancing research in the local area

It is also planning to carry out fundamental research in China for the best development of local intelligence.

“We continue to enhance the local R&D capacity and is expanding our activities from technical service to product development,”​ said Dr. Hans-Josef Ritzert, President Evonik Greater China region.

After the expansion, the R&D Centre will have a total of 35,000 square metres of space, with aims to develop product applications and provide technology service for customers throughout Greater China and Asia.

The new R&D building will also be the first LEED (Leadership in Energy & Environmental Design) certified building for Evonik worldwide.

LEED is a concept of design and construction of building that meet specified standards, resolving much of the negative impact of buildings on their occupants, as well as the environment.

Related topics: Business & Financial

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