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Shanghai Roche Increase Vitamin B6 Production
The Shanghai Roche Pharmaceuticals Company Ltd. completed its phase II project in the Pudong New District, Shanghai Wednesday, making it the second biggest Vitamin B6 producer in the world and the biggest in China.
The company is a joint venture between Roche and the New Asia Company with nearly 30 million U.S. dollars involved.
The completion of the phase II project enables the company to produce 1,000 tons of vitamin B6 each year, mainly used in drug and animal feed production.
The company said 60 percent of the vitamins are for overseas markets.
By the end of 1999, the investment by Roche in China had totaled 200 million U.S. dollars, involving five joint ventures and a holding company.
The company said 77 percent of the invested capital had been used for vitamin production.
The company's sales revenue in China reached 250 million U.S. dollars last year.
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