(AOF) – Solvay (+0.05% to 108.75 euros) announces the expansion of its Chinese Research Center, with the inauguration of a new building in the Solvay Shanghai Technology Park. The company has invested more than 4 billion renmibi (about 5 million euros) in this site since 2005, in order to better support local customers and meet the growing demand for innovative and sustainable solutions in the region. The new building, named Magnolia, marks an important step for Solvay in advancing innovation in China, the world’s largest chemical market.
The new R&I building houses several state-of-the-art laboratories, including a pioneering pilot hall dedicated to advanced materials applications, spaces designed for industrial applications and consumer goods research. The new innovation platform serves critical sectors such as green hydrogen, electronics and semiconductors, and includes an automation and robotics laboratory.
“By improving infrastructure and strengthening our R&I center in China, we will also be able to develop open innovation partnerships with leading Chinese universities, international research institutions and other stakeholders, in order to to incubate cutting-edge technologies to jointly shape a more sustainable future,” said Howard Hao, Head of Research and Innovation at Solvay China.
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