26 September 2011 12:56 [Source: ICIS news]
LONDON (ICIS)--Huntsman will invest around $40m (€30m) to build a new regional technology centre in ?xml:namespace>
Construction is expected to start in January 2012, with completion planned for mid-2013, Huntsman said in a statement.
“The Huntsman 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
The centre, to be built in Shanghai’s Minhang Economic and Technological Development Zone, will replace an existing one nearby that opened in September 2008.
“This facility will complement existing technology centres in The Woodlands, Texas, and Brussels, Belgium, as well as smaller regional centres,” Huntsman said.
($1 = €0.74)
For more on Huntsman visit ICIS company intelligence
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