AGC to open intermediate & API plant in Japan

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AGC is to open an API and intermediate production plant in Japan to meet increased demand from the aging population.

Japan-based AGC is investing JPY3.7bn ($48m) in the 28,400 sq m manufacturing site to ramp up its active pharmaceutical ingredient (API) and intermediate business. The facility is due to open in a year and help sales at the business unit hit JPY15bn by 2014.

AGC is using its chemical technology to provide fluorinated compounds and is now adding a fourth API and intermediate plant to meet the expected growth in demand.

Related topics: Ingredients

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