USA: Speciality Ingredients for Cosmetics and Pharmaceuticals Air Liquide to Build New Facility in the US
Air Liquide announces that its subsidiaries Seppic, healthcare specialty ingredients manufacturer, and Schülke, hygiene specialist, broke ground on a green-field state of the art production facility in Sandston.
Sandston/USA - Expected to start operations in the first half of 2018, the planned investment is over $ 60 million and will create approximately 50 new jobs in the community.
This new production facility will manufacture ingredients for the cutting-edge cosmetic and pharmaceutical global markets. The market for personal care specialty ingredients is worth more than $ 10 billion globally, of which the U.S. represents 25 %.
With this facility, the two companies intends to strengthen their proximity to American customers. The facility is located in the Northeast of the U.S., where the majority of the companies’ customers are. It will be run by a joint venture between Seppic and Schülke, named Polykon Manufacturing. Their resulting synergies will enable to create additional value in their field of expertise while addressing the growing need for innovations in these markets.