Solenis to Invest USD 40 Million in R&D Facility Expansion - Papermart
Papermart
News updates

Solenis to Invest USD 40 Million in R&D Facility Expansion

Delaware-based Solenis will expand its R&D operations with a move to the 100,000 sq ft Building.

October 28, 2022

Solenis
Image Source: Solenis

Delaware-based Solenis will establish in Wilmington – a USD 40 million research and development expansion. In response to increasing market demand for its sustainability-focused products and expertise and with an eye toward long-term growth, the firm will expand its R&D operations with a move to the 100,000 sq ft Building 713 at Chestnut Run Innovation and Science Park (CRISP). CRISP is a former DuPont campus that MRA Group is developing into a hub for a range of life sciences and advanced chemical companies.

Watch: IVAX Paper Chemicals Interview

The new CRISP facility will provide Solenis with 20,000 sq ft more lab space than its current R&D center on Ashland’s Wilmington campus. In addition to more space, the larger, upgraded site will allow to add up to 46 new highly skilled Delaware jobs — including lab technicians, scientists and R&D supervisors — within the next three years.

Headquartered in Wilmington, Solenis has 48 manufacturing facilities and more than 6,400 employees around the world to serve an array of industries in 120 countries. The Company currently employs more than 300 in Delaware, with approximately 185 employees at the Avenue North headquarters and 140 employees at its Ashland R&D site.

“What the MRA Group has done for the CRISP campus is transformative for our County,” said Mr. Matt Meyer, New Castle County Executive. “The redeveloped campus gives our existing Delaware companies that are expanding a home to grow and thrive. New Castle County is proud to continue to be the home of Solenis, which provides great jobs in our community producing innovative and sustainable solutions for everyday life.”

Also Read: Solenis Sold and Merged with Sigura

Mr. John Panichella, CEO, Solenis, remarks, “This investment of moving our Wilmington research center to a contemporary new location, in combination with our recently opened headquarters at Avenue North, allows us to continue to attract, retain and recruit the highest caliber of employees.”