UniteChem Group, a maker of light stabilizers used in plastics, has opened its second R&D and innovation center in Shanghai.
The new center provides extensive testing, analyzing and process evaluation support for customers of UniteChem, which is based in Suqian City, China. The firm's customers include global polymer and masterbatch makers and major OEM brands, as well as local plastic converters and compounders.
The center more than doubles UniteChem's existing R&D and innovation capacity and has been designed to accelerate sampling time, officials said in a news release. The project is part of UniteChem's commitment to invest 5 percent of its total revenue in R&D.
"We are determined to take our expertise beyond China and meet the growing demands of global customers at all levels," CEO Junyi Lin said in the release. The new R&D center "is a logical complementation of recent sales expansions," he added, including UniteChem's European warehouse in Antwerp, Belgium, and recently opened sales office in Düsseldorf, Germany.
"Our extended corporate R&D capacity now helps us respond even faster and brings our innovative services significantly closer to both upstream and downstream customers," Europe Sales Manager Heiko Strunz said.
According to company officials, UniteChem is the world's largest supplier of high-performance light stabilizers for plastics in a wide range of industrial applications. It specializes in production of light stabilizers, UV absorbers and other related products.