London – The UK manufacturing sector is to have a new £28-million (€37m) National Formulation Centre, to be based at the Centre for Process Innovation (CPI) at Wilton in north east England.
Announced in UK chancellor George Osborne’s autumn budget, the facility is to operate a ‘hub and spoke’ model bringing together the existing knowledge base of the UK.
The ‘spokes’ will include universities, innovation centres 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.
The facility will focus on the development of complex formulated products for industries including polymers, composites, paints, adhesives, lubricants, medicines, cosmetics and processed foods.
"This is a key investment for the Industry and it will give industry a unique capability to enable them to create new products,” said Nigel Perry, chief executive of the CPI.
“The new centre 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,” he added.