18 June 2008 16:09 [Source: ICIS news]
HOUSTON (ICIS news)--A subsidiary of US acetyls producer Celanese plans to develop a technology and marketing centre in Shanghai, the company said on Wednesday.
The subsidiary, Celanese China, would develop the centre with Shanghai Zhangjiang (Group) at the Zhangjiang High-Tech Park, the company said. Celanese gave no cost estimates for the project.
The company expected the project to be completed in the early part of 2010 and the centre would cover 20,000 square metres.
The centre would combine Celanese's Asian business segments, including acetyl intermediates, advanced engineered materials and consumer and industrial specialities, the company said.
The centre would also consolidate Celanese's research and development (R&D) operations in Asia, bringing 300-400 company scientists under one roof, the company said.
When completed, the Shanghai centre would join Celanese's chemical complex in Nanjing, which housed seven operating units, it said.To discuss issues facing the chemicals industry go to ICIS connect
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