Bayer MaterialScience held a ground-breaking ceremony for the third phase of the expansion of its Polymer Research & Development Centre (PRDC) in Shanghai, China. The PRDC, which will become an innovation centre for the company, is scheduled to be operational by the second half of 2012. The expansion is part of a € 1 billion investment plan announced in December 2010 and the company 's global strategy of moving closer to customers in highgrowth emerging markets. After the expansion the number of employees at the PRDC is planned to increase from currently 130 to nearly twice that number. The PRDC will then have a full range of R&D expertise and include solutions-focused offerings for customers in specific industries such as mobility, renewable energy and construction.
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Bayer MaterialScience expands research centre in Shanghai
Source:Ringier Release Date:2011-08-10 114
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