Evonik Expands Presence in Western China

Evonik Industries says it will open a new branch at Chengdu, Sichuan Province, China, in the first quarter of 2012. The Chinese government’s 12th five-year plan, covering 2011-15, emphasizes the importance of developing the western region in China, and with the implementation of the government’s ambitious strategy, Chengdu is gradually playing a leading role in the development of the western region, Evonik says. “Chengdu has become the economic and financial hub of West China and already has a complete chemical value chain. It therefore attracts...

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