ExxonMobil invests in China

ExxonMobil Chemical Co. has announced that it has made the final decision to build a technology center in Shanghai, China to provide product applications support for its growing business in the Chinese and Asian markets. The new technology center will be built and operated by ExxonMobil Asia Pacific Research & Development Co. Ltd, and will be located in the Shanghai Zizhu Science-based Industrial Park. Laboratories and product demonstration facilities at the center will provide applications technical service and a range of applications development capabilities. The technology center in Shanghai is expected to be operational in 2010.
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