Solvay opens R&I centre for OLED and lithium-ion batteries in Korea

By Antonio Torrisi
Published: Tuesday, 03 June 2014

The new R&I centre in Seoul will allow the Belgian chemicals producer to develop rare earths- and lithium-based materials for applications in electronics and energy storage, specifically targeting Asia’s fast growing electric automotive market.

Belgium-based world-leading chemicals manufacturer, Solvay SA, has opened a new research and innovation ( R&I) centre at Ewha Womans University in Seoul, South Korea.

The company, which spent South Korean won (KRW) 18bn ($17.5m*) to construct the centre, will invest South Korean won KRW5bn ($4.9m) in the next three years...

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