Asymchem Labs Ups its China Investment – Again

Asymchem Laboratories is very much a company on the move. Headquartered in the Research Triangle Park of North Carolina, Asymchem makes chemical intermediates and APIs in six locations in China. So far, it has invested 1.7 billion RMB ($227 million) in its China facilities. Asymchem announced that it will put another 300 million RMB ($40 million) to work building a 100,000 square meter facility in the Dagang Development Zone (DEDA) of Tianjin, north China. This is in addition to the 480 million RMB ($64 million) it will spend on the Asymchem Life Science Co. facility, located in the Tianjin Economic-Technological Development Area (TEDA). More details...