ExxonMobil Breaks Ground on Technology Center in Shanghai    

On May 8th, ExxonMobil Chemical broke ground on its technology center in Shanghai Zizhu Science-based Industrial Park, eastern China. The event marks the start of construction and represents an important milestone for ExxonMobil Chemical's continuing business growth in China.
   "This new center in Shanghai is an important step towards supporting the tremendous growth we anticipate in sales of our premium products. It will expand our ability to deliver innovative solutions to our customers in the region," Pryor said. "It also signifies our long-term commitment to China and the region."
   The new center in Shanghai will provide product applications support and strengthen ExxonMobil's ability to serve its customers in China and the region.
   The new 27 000 square meter facility will be built and operated by ExxonMobil Asia Pacific Research & Development Company Limited. The initial investment in the technology center and related equipment is US$70 million. The facility will house laboratories and product demonstration facilities, providing applications technical service and a range of application development capabilities for ExxonMobil's polymer products and plasticizers. Initial employment will be approximately 200 people. The facility is expected to be operational in 2010.