Live Breaking News & Updates on Anaging Director Nesea Explains Quot We Want To Make It Easy For Customers Work With Colorcon The New Plant Representsa Significant Commitment Customer Satisfaction

Establishment of an eighth Colorcon film coating facility meets the expanding needs of the pharmaceutical and nutritional sectors in Southeast Asia HARLEYSVILLE, Pa., June 6, 2023 /PRNewswire/ Colorcon, Inc. is proud to formally announce its investment in a new manufacturing plant in Johor State, Malaysia for its film coating products. Construction will begin in August 2023, with completion expected by July 2025. This best-in class facility will be the eighth in Colorcon's global network; and will produce high quality and innovative film coating products for pharmaceutical and nutraceutical manufacturers located in Southeast Asia region, including Australia and New Zealand. Colorcon, Inc. is investing in a new manufacturing plant in Johor State, Malaysia for its film coating products with completion expected by July 2025 According to CPHI's 2022 Global Survey, the ASEAN pharmaceutical manufacturing industry will grow by 12.8% annually over 2021-2027 driven by increasing pre ....

New Zealand , Simon Tasker , Willem Hoogwater , Colorcon Inc , Prnewswire Colorcon Inc , Johor State , Southeast Asia , Managing Director , Establishment Of An Eighth Colorcon Film Coating Facility Meets The Expanding Needs Pharmaceutical And Nutritional Sectors In Southeast Asia Harleysville , June 6 , 023 Prnewswire Colorcon , Nc Is Proud To Formally Announce Its Investment Ina New Manufacturing Plant In Johor State , Alaysia For Its Film Coating Products Construction Will Begin In August 2023 , Ith Completion Expected By July 2025 This Best In Class Facility Will Be The Eighth Colorcon 39s Global Network And Produce High Quality Innovative Film Coating Products For Pharmaceutical Nutraceutical Manufacturers Located Southeast Asia Region , Ncluding Australia And New Zealand Colorcon , Nc Is Investing Ina New Manufacturing Plant In Johor State , Alaysia For Its Film Coating Products With Completion Expected By July 2025 According To Cphi 39s 2022 Global Survey , He Asean Pharmaceutical Manufacturing Industry Will Grow By 12 8 Annually Over 2021 2027 Driven Increasing Prevalence Of Chronic Ailments , Growing Geriatric Population , Igh Investment In Research And Development , Nd Increasing Per Capita Healthcare Expenditure Simon Tasker , Olorcon Inc Explains Quot This Investment Strengthens Our Strategy To Position Colorcon Facilities Close Customers And Support The Projected Growth In Region New Plant Malaysia Will Reduce Delivery Lead Times , Mprove Our Sustainability And Strengthen Assurance Of Supply For Customers In The Region While Assuring Quality Equivalency Product Manufactured At Any Network Manufacturing Locations Around World Quot Willem Hoogwater , Anaging Director Nesea Explains Quot We Want To Make It Easy For Customers Work With Colorcon The New Plant Representsa Significant Commitment Customer Satisfaction , Nd The Resilience Of Supply Chain In Southeast Asia Investment Regional Production Will Further Enhance Colorcon 39s Ability To Provide High Service Level Our Customers Expect , Nd We Believe Our Customers Deserve Quot This Investment In Local Manufacturing Will Improve Colorcon 39s Flexibility The Scheduling Of Production ,