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01/08/2012  l  Xi'an Thiebaut succesfully installs third production line

Xi'an Thiebaut, the aluminium tubes manufacturing joint venture in China, has installed a third production line in its Xi'an plant. Same as the first two lines, this line is also a state-of-the-art production line from Hinterkopf, the German supplier. This production line will increase the company's yearly capacity with another 30% to 160 million aluminium tubes. Since its inauguration in 1999, the company has built up a very strong reputation amongst all pharmaceutical multinationals in Chin...

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19/03/2012  l  Vemedia Pharma sets up a Joint Venture in Hong Kong

Vemedia Pharma of Kortrijk, Belgium continues its geographic growth, for the first time in Asia. The company has signed a joint venture contract with BMI and Larry Lam of Shine Resources Ltd. Larry Lam holds 49% of the shares, Vemedia and BMI, a Belgian government backed investment fund, together hold 51% of the shares. The existing OTC business of Shine Resources will be used as a platform to introduce Vemedia's products in Hong Kong and other Asian markets. It is planned to open an office i...

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