DSM, Sinochem joint venture anti-infectives business

DSM, Sinochem joint venture for anti-infectives business

3:33 AM, 19th January 2012
DSM, Sinochem joint venture for anti-infectives business
DSM, Sinochem joint venture for anti-infectives business.

ZIBO, CHINA: Sinochem and DSM signed a memorandum of understanding to further explore cooperation opportunities in the field of biotechnology building on the global strategic cooperation in anti- infectives. High-level meeting led by Liu Deshu, President, Sinochem and Feike Sijbesma, Chairman of the Managing Board, DSM was held before signing ceremony. The transaction of global anti-infectives business between DSM and Sinochem was completed on 31 August 2011. On 9 Dec 2011, the groundbreaking ceremony for the construction of DSP’s (Sinochem and DSM joint venture) newest production facility has taken place in Zibo, China. The new plant will focus on production and development of new semi-synthetic cephalosporins using proprietary biotechnology.

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