Huntsman Opens Shanghai Technology Center
Huntsman Corporation (NYSE: HUN) held an inauguration ceremony on 17 September to mark the official opening of its new Asia Pacific Technology Center (ATC) in Shanghai's Minhang Economic & Technological Development Zone.
The event was hosted by Huntsman's Founder and Chairman, Jon M. Huntsman and its CEO Asia Pacific, Anthony P. Hankins. The audience of more than 300 included customers, local authorities, suppliers, Huntsman employees and corporate officers.
The new $40 million facility forms an integrated technology and innovation campus together with the existing technology center that was opened in September 2008. The state-of-the-art facility includes machine halls, laboratories and offices and can accommodate up to 400 technical experts and will complement existing technology centers in The Woodlands, USA and Brussels, Belgium as well as smaller regional centers.
Tony Hankins commented: "The Asia Pacific ATC investment reflects Huntsman's long-term commitment to grow in partnership with our customers in this key market. We now have a world-class technology facility in Shanghai, employing talented local scientists, developing fit-for-purpose applications that are suited to the specific needs of our customers across the region. We started construction of the facility in February 2012 and in close cooperation with the Shanghai