ExxonMobil to house technology center in China; reinforces growth of Asian petrochem market

Projecting Asia to account for more than 60% of world's petrochemical growth over a decade, ExxonMobil Chemical Company has announced to build a technology center in Shanghai, China to provide product applications support for its growing business in the region. The new technology center slated to be operational by 2010, will be built and operated by ExxonMobil Asia Pacific Research & Development Company Limited, and will be located in the Shanghai Zizhu Science-based Industrial Park. Laboratories and product demonstration facilities at the center will provide applications technical service and a range of applications development capabilities. "Asia, particularly China, provides unique growth opportunities for ExxonMobil," said Robert C. Davis, vice president, Global Technology, ExxonMobil Chemical Company. "This is reflected in our decision to build ExxonMobil Chemical's newest technology center in China. We look forward to better serving the needs of our customers in China and the region."
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