With the core business focused on cosmetic and antiperspirant products, Elementis is to arrive in Porto in the first half of next year to set up a global centre of excellence and an R&D laboratory. The British group's initial investment amounts to three million Euro, with expectations to offer 100 job positions.
Porto was chosen, the chemical company stresses, because of factors such as "the available high-quality talent, the business environment beneficial to Elementis' goals, and the existing infrastructures".
One of the benefits, the company adds, is the opportunity to work with the Centre for Biotechnology and Fine Chemistry, School of Biotechnology of the Portuguese Catholic University.
From Porto, Elementis will "meet the needs of customers and other company locations in the American continent and Europe". The future global centre of excellence will not only support the company's business, but also strengthen the company's R&D laboratories in Asia and North America.
"Elementis Porto will be an open and inspiring space for our employees and customers to collaborate on practical demonstrations, presentations, and training", the director of the company declares.
Paul Waterman also said that we "plan to launch more than 50 new products by 2026", and Porto is "a crucial new location in the achievement of this goal".
With nearly 1,300 employees in 23 locations worldwide, Elementis “creates high-value specialty additives that enhance the performance of customers' products,” providing solutions for the cosmetics, antiperspirant, decorative and industrial coatings, automotive, and ceramic markets.