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Croda Celebrates 75 Years at Atlas Point Facility

October 9, 2012

Invests more than $70 million at Delaware site.

Croda Inc marked the 75th anniversary of its Atlas Point site earlier this month. The event attracted dozens of customers, local officials and employees. Croda International Plc purchased the facility in 2006 as part of its acquisition of Uniqema from ICI. Since then, Croda has invested more than $70 million to upgrade the facility and boost its sustainability. For example, earlier this year, Croda Inc broke ground for a new landfill gas to energy project that is nearly complete—part of Croda International Plc's goal of reducing its dependence on fossil fuel by 25% by 2015. And last year, Croda installed solar panels at the site to support a more sustainable future.

"The Atlas Point manufacturing site has a long history of innovation since its beginnings in 1937," said Kevin Gallagher, president, Croda Inc. "It is truly an influential site, responsible for the creation of some of the chemical industry's most well-known emulsifiers (Spans and Tweens)."

Since its opening in August, 1937, the Atlas Point site has been been a center of innovation and a big supporter of the local community.

"Croda has been enormously successful in recent years," noted Steve Foots, group chief executive, Croda International Plc. "Our share price has increased 6-fold since we acquired Uniqema in 2006, and that's a reflection of the increased profits that we have been able to generate from the combined company post acquisition. One of the most important assets in that acquisition is this facility, as well as the important human assets of the people who work here."

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