17 October 2013 08:51 [Source: ICIS news]
SINGAPORE (ICIS)--Arkema on Thursday inaugurated a research and development (R&D) centre at the firm’s Changshu production site in China, the French chemicals maker said in a statement.
“Alongside the group’s KTC (Kyoto Technical Centre) in Japan, it bolsters Arkema’s growth ambition in Asia, with the group looking forward to achieving almost 30% of its sales in fast growing regions by 2016,” the company said.
The Changsu facility – Arkema’s first R&D center in China – will help “speed up the development of customised products and solutions for the company’s customers in China and southeast Asia in fast-growing markets, namely batteries, photovoltaics, electronics packaging, automotive, cable, sports and paint,” it said.
Financial details of the new R&D centre were not disclosed.
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