"China is the focal point of our coating resins business growth strategy," said Allnex's vice president, Asia Pacific, Siva Iyer. "The new center will integrate the capabilities of our existing two laboratories in China; it will meet global safety and environmental standards and provide modern state-of-the-art lab facilities for our employees to further help our customers by faster product and applications development. Our aim is also to speed technology transfer from Europe and America to the emerging growth regions."
Frank Aranzana, CEO, Allnex added, "The opening of our new TS&D laboratory is part of Allnex's strategy to accelerate growth in Asia and further globalize our business. It also reinforces our position as a preferred resin supplier."
Allnex's TS&D laboratory is located within an easily accessible modern technology park at Yin Du Road, Shanghai to support its entire coating resins and additives portfolio. This laboratory facilitates paint formulation, technical service, raw material research, resins modification and new resins development.