DuPont said Thursday it plans on building a research and development center in India at a cost of about $22.5 million.
The company said it signed a memorandum of understanding with ICICI Knowledge Park in Hyderabad, India, for a long-term lease that will give the company 15 acres of land. DuPont said it expects to break ground in March and expects the facility to be fully operational by early 2008.
Research at the site will focus on "integrated science," the company said, involving the addition of biology to traditional chemistry and materials science. The focus will be on molecular biology, bioinformatics and polymer synthesis. The facility will also house research programs for numerous DuPont operations: Pioneer Hi-Bred International Inc.; Crop Protection, Chemical Solutions Enterprise; Electronic Technologies; Surfaces; Building Innovations; Titanium Technologies and Performance Coatings.
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