Monday, June 2, 2014

Teesside chemical company Chemoxy International set for expansion


Chemoxy International is to double the size of its Billingham plant as part of a £6m expansion for the chemical company




Teesside chemical company, Chemoxy International, is set to double the size of its Billingham plant as part of a £6m expansion project.


Chemoxy has purchased an additional five acres of land which will house a range of equipment and provide space for future planned growth.


The expansion, which has been supported by £1.5m from the Regional Growth Fund, has resulted in the creation of 15 jobs.


New roles include process operators, support staff and those focused on business development – bringing the number of people employed by Chemoxy to 130.


Construction work on new equipment - including a combined reaction and fractionation column - is well under way at the site and commissioning is expected to begin in July.


Ian Stark, chief executive officer, said: “We are seeing increased demand for our manufacturing services and our environmentally-friendly solvents and our new plant will significantly increase our capacity.


“We pride ourselves on having the agility and responsiveness of a small company partnered with the quality and level of service of a much larger organisation.


“We are grateful to the support we have received from the Regional Growth Fund which was endorsed by Tees Valley Unlimited, NEPIC and Stockton Council.”


Chemoxy, which is based in Middlesbrough, is a provider of manufacturing services to a variety of science-based industries including petrochemicals, oil and gas, flavour and fragrances, and agricultural chemicals.


It also produces its own range of low toxicity solvents which are sold to paint companies all over the world.


Chemoxy is also a solvent recycler which is environmentally beneficial and helps to reduce the UK’s carbon footprint.


The expansion comes just two years after the company was created following a management buyout of Dow Chemical Company’s two Teesside custom processing plants and follows a major expansion in 2012.


Stan Higgins, chief executive of NEPIC - the North East Process Industry Cluster - has welcomed the news.


“The team at Chemoxy must be very proud of their performance since they took ownership of the company.


“Yet again we have seen how fine and speciality chemical companies can produce excellent performance when decision making is localised, confirming the need for such companies to be to entrepreneurial, competitive and fleet of foot in these globalised markets.


“The are several such success stories for companies in our region who have blossomed when they have dropped the shackles of large corporate organisations through management buyout.


“Chemoxy, Fine Organics and Aesica are all fantastic examples of what can be


achieved.


“This investment should see Chemoxy through their next phase of growth.”



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