Chemical News

Friday, November 2, 2007

Dow plans $100mn R&D centre near Pune

The international chemical giant Dow will invest $100 million in Research and Development (R&D) facility at Chakan, near Pune. The centre may be fully functional by 2010.

The R&D facility would come up in the 100-acres, and will employ 500 researchers.

The facility would carry out research in areas such as water, building material, personal care, paints and coatings, plastic chemicals besides carrying out basic research in chemistry and chemical engineering.

The MoU was signed by Dow Chemical International’s India Chief Executive Officer Vipul Shah, and Maharashtra government’s Industry secretary V K Jairath.

Dow is also planning to setup a manufacturing unit near Chennai.