East Yorkshire smart science giant Croda hit £2 billion sales in 2022, with profit also passing the £500 million for the first time.
The FTSE-listed business recorded a 10.6 per cent increase in turnover, from £1.89 billion to £2.01 billion.
It comes as the year saw it complete the £667 million sale of the bulk of its performance technologies and industrial chemicals business to Cargill - including the significant Hull site - allowing it to create a “stronger margin, higher return, less cyclical, greater IP and lower carbon intensive business”.
