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THE WOODLANDS, TEXAS: Huntsman Corporation will invest approximately $40 million to build a new Asia Pacific regional technology centre (ATC) in Shanghai’s Minhang Economic & Technological Development Zone, to support the rapidly growing demand for world-class technology and innovation from customers across the Asia Pacific region. Construction for the new ATC is expected to commence in January 2012, with completion planned for mid-2013.
The facility will comprise machine halls, laboratories and offices, accommodating up to 400 technical experts, and will replace the existing technology centre, located nearby, which was first opened in September 2008.
“The expansion of our research and technology capability reflects Huntsman’s committment to deliver innovative solutions more effectively and efficiently. The technology centre will be completely aligned to support Asia’s fast-growing industries, including developing new energy-saving material solutions for the strategic industries as outlined in China’s 12th five-year plan,” said Anthony P Hankins, CEO Asia Pacific, Huntsman.
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