Henkel Restructures Asia-Pacific Operations

Tilo Weiss, Ph.D., now serves as Asia-Pacific regional manager, having previously served as president of SusTech, a Henkel joint venture. Weiss has been with Henkel’s business development team for the past six years; in his new role, he will be based in Henkel’s Shanghai, China facility, and will have management responsibility for sales, marketing, and technical service.

(April 13, 2006) Singapore — As part of a strategic plan to strengthen its position in the Asia-Pacific region, Panasonic Semiconductor Asia Ltd. (PSCA) announced it will invest $10 million SGD ($6.2 million USD) in manpower development at the Panasonic Semiconductor Development Center (PSDA) in Singapore over the next five years. This announcement comes on the heels of a $150 million SGD ($92 million USD) investment in a building and equipment to expand its assembly and test capabilities in Singapore, expected to be completed early 2007. PSCA is part of Matsushita Electric Industrial Co. Ltd., better known by its brand name Panasonic, which is based in Osaka, Japan.


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