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Innospec Expands Performance Chemicals Manufacturing Capacity July 9, 2021 Contact Author Hannah Fink
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The $10 million capacity expansion is set for late 2021 to early 2022.
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In May 2021, Innospec approved a $10 million capacity expansion that is expected to begin between late 2021 and the first quarter of 2022. These projects increase Innospec’s SCI and Iselux production capabilities and flaking capacity. The performance chemicals business is also fast-tracking further capacity expansions at its U.S. and European sites for additional taurate production.
This comes after Innospec completed a capacity addition at its Salisbury, North Carolina site, along with an adjacent rail car handling facility that enables Innospec to receive raw materials and deliver finished products via rail. According to the company, these investments serve to lower reliance on trucks, decrease supply chain costs and reduce carbon footprint.