Solvay to build Technical Center in Shanghai, China
29 Sep '05
2 min read
The Shanghai Zhangjiang High-Tech Park was designated for the development of new and high technology, mainly in the fields of information and communication technology, bio-technology, pharmaceuticals and innovative materials. The Park, established in the Pudong new area, and fully supported by Shanghai Municipal Government, enjoys a high quality infrastructure.
The Solvay Group has been active in China since 1995 through a number of joint ventures and rapidly developing commercial representations. The Solvay Group has also recently announced plans to step up its industrial activity.
Brussels based SOLVAY is an international chemicals and pharmaceuticals group employs some 30,000 people in 50 countries. In 2004 consolidated sales amounted to EUR 7.9 billion generated by its three activity sectors: Chemicals, Plastics and Pharmaceuticals. The Group also developed a range of Specialty Polymers, which are high value-added products resulting from intense R&D efforts.
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