On 07 December 2017, German specialty chemicals firm Evonik announced that it will be setting up its first Asia research hub in Singapore. Evonik describes the research hub as the 'Asian platform for high impact research and development' and will focus on areas such as functional surfaces and additive manufacturing.
The research hub is expected to commence operations in 2017 and will offer around 50 jobs. Situated in Biopolis, the hub will serve as a hotspot for top local and international talents to develop a strong R&D ecosystem in the region.
'The research hub in Singapore not only demonstrates our ongoing commitment to expand our R&D footprint in Asia but also reflects the growing significance of Asia in the global innovation landscape,' said Dr. Claus Rettig, Chairman of the Board of Management, Evonik Resource Efficiency GmbH.
Dr Beh Swan Gin, Chairman of Singapore Economic Development Board, highlighted that "Evonik's choice of Singapore as the location for this research hub is a statement of confidence in our research capability and availability of skilled talent." He added, "We look forward to partnering Evonik in this initiative, where one of the topics will be additive manufacturing, that will support Singapore's efforts in advanced manufacturing as well as further strengthen Singapore's position in R&D and technologies in Asia and globally."