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Solvay Signs MoU with Leading Korean University as Part of Big Asian Push

5:07 AM MDT | May 30, 2011 | Natasha Alperowicz in Seoul

Solvay today signed a memorandum of understanding (MoU) with the EWHA women’s university based in Seoul to create a Research, Development and Technology (RD&T) center on the university campus. Solvay will invest €13 million in the center, which will focus on high-growth markets, such as electronics, lithium-ion batteries and photovoltaic cells, for which Solvay produces high value-added specialty polymers and chemicals. Solvay will also invest €3.8 million in a five year collaborative research fellowship with EWHA. Solvay’s researchers...

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