British personal care ingredient maker Elementis is to open a centre of excellence and R&D laboratory in Portugal, as well as hire 100 staff.
Headquartered in Porto, the new unit will support both of Elementis' business segments – Personal Care and Performance Specialties, and is scheduled to open in the second half of 2024.
By the end of 2024, Elementis expects to invest up to €3m ($3.25m) in Portugal to open the new unit, in addition to the expected annual investment of up to €6m in people, facilities and laboratories.
The company will hire 100 skilled employees for the project – among which professionals in research & development, marketing and commercial areas to support the personal care business.
Teams in Porto will perform product development and technical services activities, and will provide customer support for the skincare, colour cosmetics and antiperspirant markets. For some roles, the company will offer relocation support.
"Elementis’ new location in Porto will be an open and inspiring space for our employees and customers to collaborate on practical demonstrations, presentations and training," said Elementis CEO Paul Waterman.
“We have ambitious plans to launch more than 50 new products by 2026, and this new location will play a crucial role in realizing those plans,” he added.
