Huntsman Corp. recently held a groundbreaking ceremony for its new Asia Pacific Technology Center (ATC) in Shanghai’s Minhang Economic & Technological Development Zone. The $40 million facility is designed to support the Asia-Pacific region’s rapidly growing demand for world-class technology and innovation. The new ATC will be operational by mid-2013.

“The center will focus on supporting Asia’s fast-growing industries, including developing cutting-edge energy-saving material solutions for strategic emerging industries as outlined in China’s 12th Five-Year Plan,” said Anthony P. Hankins, Huntsman’s CEO for the Asia-Pacific region.

The new ATC is expected to form an integrated technology and innovation campus together with the existing technology center that opened in 2008. The state-of-the-art facility will include machine halls, laboratories and offices, and will accommodate up to 400 technical experts from different business units.

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