08 May 2009 13:15 [Source: ICIS news]
SHANGHAI (ICIS news)--ExxonMobil Chemical has broken ground on a technology centre in Shanghai, China, as part of efforts to further its business growth in the country, the company said on Friday.
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“It will expand our ability to deliver innovative solutions to our customers in the region.”
The centre, which will be located at the Shanghai Zizhu Science-Based Industrial Park, would be built and operated by ExxonMobil Asia Pacific Research & Development Co, with an initial investment of $
The centre will consist of laboratories and product demonstration facilities, providing technical service applications and a range of application development capabilities for ExxonMobil’s polymer products and plasticizers, the company said.
The new 27,000m² facility was expected to be operational in 2010 and have an initial employment level of approximately 200 people, the company said.
($1 = €0.75)
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