Clariant, a provider of fine and specialty chemicals, has opened its new EUR 100 million ($134 million) Clariant Innovation Center (CIC) in Frankfurt, Germany. The company’s new global hub for R&D is based at the “Industriepark Höchst.” It will be the home of Clariant’s competence centers in chemical research and process technology as well as application laboratories for several business units and analytical laboratories. The CIC will also house the departments for Intellectual Property Management and New Business Development. As the corporation’s global hub, the CIC will coordinate Clariant’s R&D network, which includes centers across Europe, North America, Brazil, Japan, India, and China. The new facility covers a total surface area of 36,000 m2 and will house around 500 employees from R&D and support business and administrative functions. It features a mix of open workspaces, offices, and laboratories.