Evonik: First project house in Taiwan
Evonik Industries intensifies research in Asia
Fast-growing electronics segments include displays, LEDs, portable communication and information devices such as navigation devices and tablet PCs, as well as photovoltaics. The key Asian regions are China, Japan, Korea, and Taiwan, where a number of important R&D companies in this field have their headquarters. According to the German Institute in Taipei, Taiwan stands out among these countries as the world market leader in such products as notebooks, scanners, monitors, and LCD monitors. Evonik already maintains partnerships with Taiwanese companies through the joint ventures Evonik Forhouse Optical Polymers manufacturing acrylic polymers in Taichung for TFT liquid crystal displays, and Evonik Cristal Materials Corporation, which produces glass lenses for the next generation of LEDs.
Additional contacts will be made and cultivated through the project house. “Electronics and lighting are extremely fast, dynamic markets, whose innovation and product lifecycles are becoming shorter and shorter,” says Dr. Michael Cölle, head of the project house. “The task of this project house is to acquaint ourselves better with customers’ processes and value chains, and consolidate our opportunities in these markets through joint developments.”
In the project houses, Evonik works on medium-risk research topics involving multiple business units; the emphasis is therefore on medium- and long-term success. Project houses run for three years, during which time roughly 15 to 30 employees typically develop new products and technologies in collaboration with cooperation partners and universities. As a rule, the new developments of the project houses are marketed by a business unit or continued through an internal start-up.
Light & Electronics is the ninth project house to be set up by Evonik and its strategic research and development unit Creavis Technologies & Innovation. The company’s long-term strategic goal is to make the project house the nucleus of another R&D competence center for the Group in Asia.
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