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Evonik expands R&D base

German chemicals company Evonik recently invested more than $30 million in the third expansion of its R&D center in Shanghai. The new five-story building covers an area of more than 14,000 square meters, housing 50 labs, conference facilities and a showroom. The center will help develop product applications and provide technology service for customers in Asia. It is also the first Evonik building worldwide to be awarded the LEED (Leadership in Energy and Environmental Design) certification.
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