Sanofi relocates plant to Binjiang
Sanofi-Aventis says it will relocate its current manufacturing facility from downtown Hangzhou, China, and build a new site in Binjiang New Development Zone. The move represents a 31.0 million-euro ($40.0 million) investment.
The new site is scheduled to be completed by 2012 and have an expanded capacity of 160 million packs. With an area of 44,775 square meters, it also allows the potential for further expansion and the creation of an export hub to other Asian countries.
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