21 May 2013 09:18 [Source: ICIS news]
SINGAPORE (ICIS)--Bayer MaterialScience said on Tuesday it has inaugurated its polymer research & development centre in Shanghai, China.
The firm’s Asia-Pacific innovation hub will develop “novel ideas for the use of high-performance plastics, foams and coatings in key sectors such as mobility, construction, IT and renewable energy”, the company said in a statement.
“We are aiming to reach a global innovation footprint for Bayer and its partners by exporting China-made technology to the rest of the world by 2020,” said Patrick Thomas, CEO of Bayer MaterialScience.
Bayer MaterialScience is a subgroup of Germany’s Bayer Group.
With additional reporting by Chow Bee Lin
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