Jerry Heare with NAI Commercial Industrial Properties Company is themarketing agent for the facility.The facility was completed in 1989 when Vista Chemical, spun off from theConoco-DuPont merger in 1984, relocated its R&D labs from Ponca City, OK.Vista placed the labs in Austin to take advantage of the research programsat University of Texas-Austin, as well as the graduate student hiringpossibilities.
"It's disappointing for Austin to lose the presence of Sasol North America," said Austin Chamber of Commercepresident Michael Rollins."However, Sasol leaves behind a high-quality campus suitedfor biotech and pharmaceutical companies looking to take advantage ofAustin's highly skilled workforce."
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.