Naugatuck, CT – P2 Science Inc., a biorenewable chemistry company, held a ribbon cutting for its recently completed green chemistry advanced manufacturing plant in Naugatuck.
A/Z Corporation served as the company’s design-build lead for the project, which included a new reactor building and the fit-out of a hazardous area process room. A/Z was also responsible for the design, fabrication, and installation of a process reactor skid.
The plant, which is designed to be expanded easily at the current site, is the first of its kind in the world, and the U.S. patent covering the core technology was issued on September 11, 2018.
Commercial production starts in October and will focus on renewable intermediates and ingredients for fragrances, flavors, and cosmetics.
Speaking at the event in Nauguatuck were Nancy Wyman, lieutenant governor of the state of Connecticut; Catherine Smith, commissioner of the Connecticut Department of Economic and Community Development; Professor Paul Anastas of Yale University; Patrick Foley of P2 Science.; Michael Nettersheim of BASF Venture Capital; Hapiz Abdullah of Xeraya Capital; and Neil Burns, CEO of P2 Science. Attendees included customers and partners from around the world, including Italy, Malaysia, Japan, and Germany.
Customers from around the globe will use many of the novel and high-performing ingredients produced from the Naugatuck plant.
The project was supported by US equity investors Elm Street Ventures, Connecticut Innovations and Ironwood Capital. Overseas Investors BASF Venture Capital of Germany and Xeraya Capital of Malaysia led the latest round of financing. The Connecticut Department of Economic and Community Development also provided advantageous debt financing to support growth at the company.
Jobs Created by P2 to date number 15 and this will more than double when the plant is running at full capacity. P2 has brought in overseas direct investment of $7.5 million.
A/Z Corporation is a design, construction, and maintenance services provider headquartered in North
Stonington, Conn. with regional offices throughout the Eastern United States. The company’s mission is to provide the
highest levels of quality and value to its clients, which it has upheld for over 50 years.