The investment includes two new buildings, which the company said will complement its existing Business & Technology Center in Seneffe, thus increasing capabilities and capacity for research and development in Europe.
It added that one facility, a Synthesis Technology Center for the European area, will house laboratories and chemists focused on increasing the companys innovation portfolio of silicon-based materials, and boosting research in sustainable technologies.
A second facility, a European Solar Solutions Application Center, will reportedly seek to advance the companys technology for use in photovoltaic cells.
This investment, explained the company, expands its ability to innovate with a broad range of European customers using its silicon-based materials, while also enhancing the companys European-based solar energy research and development capabilities.
The Walloon region has granted 7.5 million worth of subsidies to help the company with its investments.
Isabelle Durant, Member of the European Parliament for the Wallonia region, commented: Wallonia is keen to play its role in increasing Europes innovation capacity and cutting carbon emissions two of the most important common goals of the European Union. We are delighted, therefore, that Dow Corning has chosen our region for its new solar exploration center – a project that both confirms our status as a hub for innovation and creates jobs for the community in the process.