Chemoxy International has recorded a boost in pre-tax profits of more than £7 million since it was acquired by Dow Chemicals in 2011.
The Teesside-based firm received support from the Business Growth Fund (BGF) as part of a £20m investment and has seen turnover rise to £50m as it plans to grow sales to £100m by the end of the decade. Chemoxy’s finance director, Neil McLoughlin said that the success was down to activities in oil and gas,…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login