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Dow Corning revealed its latest venture wherein the company plans to invest US$13 million in a Solar Energy Exploration & Development Center (SEED) at its Seneffe, Belgium, European headquarters. Two new buildings will be erected for the new R&D center, which, according to Dow Corning, will increase its capabilities and capacity for research and development in Europe.
“This investment increases Dow Corning’s innovation capabilities for customers in Europe, allowing us to expand our research and innovation portfolio and continue to add to our scientific and technical expertise for multiple industries, based on the silicon atom,” said Jean-Marc Gilson, Dow Corning’s executive vice president and general manager of specialty chemicals. “We think Europe can be a global center for research and development for sustainability-focused products and applications, and this investment will help Dow Corning continue to grow through innovation.”
The first facility, a synthesis technology center for the European area, will hold laboratories and chemists whose focal point will be the company’s collection of silicon-based materials and improving research in sustainable technologies. The second facility will be a European solar solutions application center, which will expand Dow Corning’s technology used in PV cells. Construction for the two new facilities is anticipated to start later this year.