Allnex (Frankfurt, Germany), a leading global supplier of sustainable and innovative resins for industrial coatings, announced the construction of a new, state-of-the-art research and development (R&D) center, along with a significant manufacturing investment in waterborne technologies. This project is key to Allnex’s strategic plan to led the industry in the development of sustainable, environmentally friendly resins and to respond to the challenges of evolving trends.
The company plans to invest €12 million ($13.7 million USD) in its new R&D center, which will be located directly on the production site in Werndorf, Austria, and will focus on modernizing and expanding the manufacture of next-generation waterborne products.
“R&D is of strategic importance to Allnex and the establishment of product development in proximity of production will enable us to translate innovations into products even faster,” says Goetz Pelikan, managing director of Allnex Austria GmbH.
The main focus of Allnex’s R&D center will be the development of new, low-volatile organic compound (VOC), waterborne, and VOC-compliant resins and additives for global coatings markets. It is also an investment in digitalization, as the latest automated, high-throughput synthesis and application equipment will be installed. This equipment will increase the overall effectiveness of the laboratory and enable faster marketing of new, sustainable solutions.
“Delivering industry-targeted, sustainable solutions that advance our customer’s portfolio’s and meet future needs to improve the planet and our customers’ business, is our clear objective,” says Ruben Mannien, executive vice president of Allnex’s liquid resins and additives division. “This new and highly sophisticated research center, coupled with waterborne factory upgrades, will reduce our time to market with sustainable, differentiated products and it supports us to maintain our leadership position.”
Construction of the new R&D center is scheduled began in October 2021 and is scheduled for completion in Q3 2022.
Source: Allnex, https://allnex.com.