10 January 2013 10:56 [Source: ICIS news]
LONDON (ICIS)--Bayer MaterialScience, a subgroup of Germany-based chemicals major Bayer, has opened a polymer development and technology centre in South Korea, the company said on Thursday.
The centre, located in the city of Yongin near the capital Seoul, will focus on the development of new polycarbonate (PC) applications for high-tech products from Korean companies, especially in the automotive and IT sectors, Bayer said.
Michael Koenig, executive committee member of Bayer MaterialScience and head of the PC business unit, said the centre will become a driving force in the further development of innovative products in Korea.
Bayer said the centre will be supported by a strong network of production sites in the Asia-Pacific region, which makes up 60% of worldwide PC demand, with major production sites at Shanghai in China, Map Ta Phut in Thailand, and Niihama in Japan.
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