AMP will fund, develop, own and operate an 11 MW biomass system at Croda International's Hull manufacturing site, generating 15 tonnes of steam per hour. The 20-year energy supply agreement will reduce the site's greenhouse gas emissions by up to two thirds.
Iberchem Group, part of Croda International, announced it has signed an agreement to acquire French fragrance house Parfex S.A. in Grasse, France, to enhance its sustainable fragrance offerings and create a new fine fragrance centre.
Croda International Plc agreed to acquire Alban Muller International SAS for €25 million. Alban Muller had revenues of €18 million for the year ended June 30, 2020. The transaction is expected to close by the end of Q1 2021.
Croda International Plc agreed to acquire Iberchem, a Spanish fragrances and flavours company, for €820 million on a debt-free, cash-free basis. Iberchem was majority-owned by Eurazeo.
Croda International entered into a five-year agreement with Pfizer to supply novel excipients used in the manufacture of a COVID-19 vaccine candidate, with an initial three-year supply contract for four component excipients.
Croda entered into a five-year agreement with Pfizer to supply novel excipients for a COVID-19 vaccine candidate. The initial supply contract covers four component excipients for the first three years.
Itaconix PLC delivered the first order of ZINADOR 35L, an odour control polymer, to Croda International Plc under an expanded global supply agreement.
Itaconix has expanded its global supply agreement with Croda International, adding ZINDOR 35L, a concentrated odour neutraliser, to the existing product line. Itaconix will receive a $60,000 milestone payment.
Croda International is investing £27 million to almost double the capacity of its Hull plant to meet growing demand for polymer additives until 2030.
Croda International is investing £27 million in a new polymer additives manufacturing plant at its Oak Road site in Hull, nearly doubling existing capacity. OSL Consulting will provide engineering and project management.
Croda International plans to invest £27 million to expand production capacity for polymer additives at its Hull facility in the UK, almost doubling existing capacity. The new capacity is scheduled to come on stream in late 2018.
| Site | Largest | Latest |
|---|---|---|
| Hull, United Kingdom | $38.0M | 2018-06-04 |