The new center will operate a ‘hub and spoke’ model bringing together the existing knowledge base of the UK formulation sector. The spokes of the new center will include universities, innovation centers and business to provide facilities and expertise to help companies to develop, prove, prototype and scale up the next generation of formulated products and processes.
Complex formulated products are abundant in both everyday and industrial life and underpin many sectors in the UK economy; examples include perfumes, medicines, cosmetics, washing powder, processed foods, paints, adhesives, lubricants, composite materials and pesticides. The National Formulation Centre will focus specifically on the areas of product and process design, delivery, stability and sustainability, as identified by UK industry in a 2013 consultation report.
“I am delighted with the Chancellor’s announcement of the £28m National Formulation Centre,” said Nigel Perry, CEO of CPI. “This is a key investment for the industry and it will give industry a unique capability to enable them to create new products.”
“The new center will catalyse manufacturing-based growth by developing a globally unique capability to develop and deliver the next generation of formulated products and processes across a wide range of market sectors,” Perry said. “We will provide both large and small companies with open access facilities to optimize their formulated products and prove their benefits in a wide range of applications, thereby reducing risks associated with product development in this growing global market.”
“The centre will be located at NETPark in Co. Durham and this will help cement NETPark’s position as a leading innovation and technology campus in the North of England,” he added.