Allnex announced the construction of a new state-of-the-art R&D center in Werndorf, Austria and a significant manufacturing investment in waterborne technologies. This project is an important part of allnex’s strategic plan to lead the industry in the development of sustainable, environmentally friendly resins and respond to the challenges of evolving trends.

The €12 million investment will be made into a new, state-of-the-art Research and Development center, which will be located directly on the production site in Werndorf, Austria and the modernization and expansion of production facilities for the manufacture of next generation waterborne products.

“R&D is of strategic importance to allnex and the establishment of product development in proximity of production will enable us to translate innovations into products even faster,” said Goetz Pelikan, managing director of Allnex Austria GmbH.

The main focus of the new R&D center will be the development of new low-VOC, waterborne and VOC-compliant resins and additives for the global coatings markets.

Construction will begin in October 2021 and is scheduled for completion in Q3 2022.