Bayer opens innovation hub for Asia Pacific

22-May-2013 - China

Bayer MaterialScience has inaugurated a regional innovation hub for Asia Pacific in Shanghai, China. More than 200 experts will develop novel ideas for the use of high-performance plastics, foams and coatings in key sectors such as mobility, construction, IT and renewable energy. They will work in close cooperation with external scientists, suppliers and customers. The new hub, which is located at the company’s existing Polymer Research & Development Center (PRDC), will provide support to other innovation facilities across the region.

Bayer MaterialScience AG

Opening the innovation hub in Shanghai: Patrick Thomas, CEO of Bayer MaterialScience (left), with officials from local authorities and other institutions as well as representatives from the Bayer Group. (From left: Li Yongwu, Chairman of China Petroleum and Chemical Industry Federation; Johannes M. Dietsch, Chairman of Bayer (China) Limited; Dr. Zhu Xiaoming, President & Professor of Management, China Europe International Business School; Zhu Jiajun, Deputy Governor of Shanghai Pudong New Area People’s Government; Dr. Ulrich Liman, Senior Vice President, Research & Development, APAC, Site Manager of Polymer Research & Development Center, Bayer MaterialScience)

“Our regional innovation hub will become a significant contributor to our overall global innovation network,” said Patrick Thomas, CEO of Bayer MaterialScience. “It should become indispensable in terms of competencies, projects and products. We are aiming to reach a global innovation footprint for Bayer and its partners by exporting China-made technology to the rest of the world by 2020.”

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