Croda
This article was originally published in The Rose Sheet
Executive Summary
Two new innovation centers at firm's Atlas Point manufacturing site in New Castle, Del. "will only allow Croda to be more competitive in the marketplace and further support [its] standing as a world-class supplier of quality chemical specialties," according to Oct. 23 release. Atlas Point Commercial Center will house company's Skin Care Innovation Laboratory, while William C. Griffin Innovation Center will support R&D projects in industrial markets, Croda says. Firm has committed $20 mil. to renovating the site since picking it up in 2006 acquisition of functional ingredient manufacturer Uniqema. Further expenditures at facility are expected over next decade, firm says