BMS opens R&D in South Korea

Germany-based Bayer MaterialScience (BMS), a subgroup of the Bayer Group, has officially opened its first Polymer Development & Technology Centre in South Korea. Located in the city of Yongin near the capital Seoul, it will focus on the development of new polycarbonate applications Korean companies, especially in the automotive and IT sectors.

The new tech centre adds to a network of research and development hubs around the globe and major production sites in Asia Pacific.

“Over the past decade, Korea has emerged as a centre for cutting-edge high-tech products,” said Michael Koenig, Executive Committee Member of Bayer MaterialScience and Head of the Polycarbonate Business Unit. “Large Korean companies are offering their latest technology worldwide, but their development and research mainly happens in Korea. With our new tech centre we can be closer to them, better engage in long-term R&D partnerships and fulfill their needs with greater efficiency and speed.” Koenig believes that the centre will become a driving force in the further development of innovative products in Korea.

From the third quarter of 2013, it will develop new applications product concepts with major Korean companies through collaborations as well as sample production and testing in the context of customer advisory.

The tech centre is part of a global network R&D and application development centres, including the main regional innovation hubs in Pittsburgh (US), Leverkusen (Germany), and Shanghai (China) from which further expertise can be drawn.

Additionally, the new centre will be supported by a network of production sites in Asia Pacific with major production sites in Shanghai, Map Ta Phut (Thailand), and Niihama (Japan). The region makes up 60% of worldwide polycarbonate demand.


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