Synthomer announces the formal opening of its new China Innovation Centre (CIC) in Shanghai, dedicated to driving innovation designed and tailored for the fast-growing China market and wider region.
The opening of the CIC marks a key milestone for Synthomer, demonstrating its continued commitment to China, which remains the largest chemicals market in the world, and to its strategic focus to provide sustainable, innovative solutions that meet its customers’ needs.
The 2,000 sq m state-of-the-art facility strengthens Synthomer’s capabilities for developing high-performance, highly specialised polymers and innovative ingredients used throughout everyday life in adhesives, coatings, construction, health and protection, renewable energy and electric vehicles, in partnership with Synthomer’s customers in the region.
A team of scientists, technicians and technical service managers will work at the facility, which offers more than 10 R&D laboratories, offices, and collaborative workspaces.
The CIC joins Synthomer’s network of five innovation centres of excellence and seven technical centres around the world, located to further strengthen its presence in key global markets and to facilitate close collaboration with its customers.
Michael Willome, CEO, comments: “As we continue to invest in our organic growth capabilities and geographical and customer reach, the opening of our China Innovation Centre is an important strategic milestone. This new facility enhances our innovation capabilities, allows us to more closely partner with our customers and strengthens our presence in the globally important Chinese market where we see exciting growth opportunities.
“Sustainability and innovation are at the heart of our growth strategy, designed to build our portfolio of specialised, highly differentiated products. Our new facility demonstrates our commitment to this rapidly evolving market and to delivering sustainable innovative solutions that meet our customers’ needs.”
The CIC is located in the Shanghai International Chemical New Materials Innovation Center (INNOGREEN) in the Shanghai Chemical Industry Park (SCIP), established to support the development of China's chemical industry through science and technology innovation.
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About Synthomer plc
Synthomer plc is a leading supplier of high-performance, highly specialised polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide. Headquartered in London, UK and listed there since 1971, we employ c.3,900 employees across our five innovation centres of excellence and 29 manufacturing sites across Europe, North America, Middle East and Asia.
Our purpose is creating innovative and sustainable solutions for the benefit of customers and society. Around 20% of our sales volumes are from new and patent protected products. At our innovation centres of excellence in the UK, China, Germany, Malaysia and USA we collaborate closely with our customers to develop new products and enhance existing ones tailored to their needs, with an increasing range of sustainability benefits.
Our 2030 decarbonisation targets have been approved by the Science Based Targets initiative as being in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement, and since 2021 we have held the London Stock Exchange Green Economy Mark, which recognises green technology businesses making a significant contribution to a more sustainable, low-carbon economy. Find us at www.synthomer.com or search for Synthomer on LinkedIn.