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Comment Business & Economics

Novasep-MIE consortium to construct the first sorbitol production plant in Vietnam  

By Gerald Ondrey |

Novasep (Pompey, France; www.novasep.com), a leading supplier of services and technologies to the life science industries, today announces that its Shanghai-based Asia Pacific subsidiary has secured an engineering, procurement and construction (EPC) contract with Tay Ninh Chemical Industry (Tanichem), a joint stock company between Vietnam National Chemical Group (Vinachem) and Tay Ninh Sugar. Novasep’s share of the contract is in the amount of EUR 7.5 million. The contract is to construct the first sorbitol production plant in Vietnam. Sorbitol, commonly known as a sweetener, is widely used as an excipient stabilizer or moistening agent in drugs, food and cosmetics. Novasep Asia spearheaded the deal, signed between the Novasep-MIE consortium and Tanichem. Novasep will be responsible for the engineering and procurement of process equipment together with some field services. Novasep-MIE will be responsible for constructing and erecting the plant, as well as procuring utility equipment. The sorbitol plant will be located at Tan Hoi Industrial Park, Tan Chau district, Tay Ninh province in Vietnam. This project is one of the first to emerge from Vietnam’s national development planning for pharmaceutical chemistry. Vietnam…
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