Rohm and Haas opens $60 million R&D center in Shanghai
CHINA: Rohm and Haas Company recently celebrated the official opening of the China Research and Development Center (CRDC) in Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai, PRNewswire reports. Nearly 300 guests including government officials, customers, Board members and executive leaders—and more than 500 Rohm and Haas employees—attended the grand opening ceremony. The site, registered under the name of Rohm and Haas China Holding Co., Ltd. through the Ministry of Commerce of the People''s Republic of China, is located on 33,000 square meters (over eight acres) in the Zhangjiang Hi-Tech Park. The CRDC began construction in June 2005 and now serves as the company''s headquarters for China. It is the company''s second-largest research facility, and the primary research and technical service center in the Asia- Pacific Region. With a total anticipated investment of USD $60 million, Rohm and Haas spent USD $30 million for the first phase of the CRDC. Two buildings (totaling 25,000 square meters, or 269,000 sq. ft.) are connected to form a "C"-shaped structure, which currently houses more than 500 employees relocated from four existing facilities in the Shanghai area. In addition to state-of- the-art laboratory and technical service facilities, the CRDC features world- class conference and training facilities and administrative office space. On-site personnel include researchers, technical service, commercial, functional and other administrative employees. In later phases, the CRDC site can accommodate expansion for up to 1,500 employees.