Clariant AG

Clariant Opens New Innovation Center in Frankfurt

Clariant AG / Clariant AG:Clariant Opens New Innovation Center in Frankfurt . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

EUR 100 million facility will empower R&D innovation pipeline New Clariant Innovation Center to coordinate global R&D activities from strategically advantageous Rhein-Main region Fostering the exchange of ideas with customers, industrial and academic partners to address global challenges Muttenz, October 31, 2013 - Clariant, a world leader in specialty chemicals, is today officially opening its new EUR 100 million Clariant Innovation Center (CIC)  in Frankfurt, Germany.  The company's new global hub for Research & Development  (R&D) is based at the "Industriepark Höchst."  It will be the home of Clariant's competence centers in chemical research and process technology as well as application laboratories for several Business Units and state-of-the art analytical laboratories . The CIC will also house the departments for Intellectual Property Management and New Business Development.  As the corporation's global hub, the CIC will ensure the coordination of Clariant's world-wide R&D network, which includes centers across Europe, North America, Brazil, Japan, India and China. Located at Clariant's largest manufacturing site, the CIC will benefit from the excellent infrastructure as well as industrial and academic links offered by the Rhein-Main region.  The new facility covers a total surface area of 36,000 square meters and will house around 500 employees from R&D and supporting business and administrative functions. The modern, open-plan building was designed by Düsseldorf architects Hentrich-Petschnigg & Partner. It features a mix of open workspaces, offices and laboratories to foster the exchange of ideas among employees as well as with visiting partners from industry and academia. To mark the occasion, Clariant is welcoming guests from the regional government, industry, academic institutions, and the local community.  Clariant CEO Hariolf Kottmann, Executive Committee member Christian Kohlpaintner and Chief Technology Officer Martin Vollmer will provide insight into the future R&D areas of focus and individual market segments to be coordinated from the CIC. "Advances in chemistry are necessary to help our customers respond to society's trends and challenges. We therefore see fostering R&D and Innovation as one of the four strategic pillars defining the future path of our company," said CEO Hariolf Kottmann. "Experience shows that innovation results from open communication and an on-going exchange of ideas which often sparks further ideas and solutions. The new CIC will facilitate this, providing a stimulating environment fostering creativity and know-how exchange. We are delighted to share this important step for Clariant with our distinguished guests today."