Allnex Invests in New R&D Center In Werndorf, Austria
FRANKFURT, Germany – A leader in sustainable resins for industrial coatings, allnex recently announced the construction of a new R&D center in Werndorf, Austria, and a significant manufacturing investment in waterborne technologies. The company reports that the project is an important part of allnex’s strategic plan to lead the industry in the development of sustainable, environmentally friendly resins and respond to the challenges of evolving trends.
The €12 million investment will result in a new Research and Development center, which will be located directly on the production site in Werndorf, Austria, and the modernization and expansion of production facilities for 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,” said Goetz Pelikan, Managing Director of Allnex Austria GmbH.
The main focus of the new R&D center will be the development of new low-VOC, waterborne and VOC-compliant resins and additives for the global coatings markets. It is also an investment into 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 increase speed to market of new, sustainable solutions. This investment will allow allnex to push innovation and product development forward.
"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. 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,” said Ruben Mannien, Executive Vice President – LRA.
The company reports that construction of a new R&D center will begin in October 2021 and is scheduled for completion in the third quarter of 2022.
Learn more at www.allnex.com.
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