Allnex invests EUR 12 million in new Austrian R&D centre
Resins producer Allnex announces the construction of a new state-of-the-art R&D center in Werndorf, Austria and a significant manufacturing investment in waterborne technologies. This project is an important part of Allnex’s strategic plan to support the industry in the development of sustainable, environmentally friendly resins and respond to the challenges of evolving trends.
The EUR 12 million investment will be made into a new Research and Development center, which will be located directly on the production site in Werndorf, Austria and the modernisation and expansion of production facilities for the manufacture of next generation water-borne 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,” says 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, water-borne and VOC-compliant resins and additives for the global coatings markets. It is also an investment into digitalisation, 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 the resins producer to push innovation and product development to new heights.