Tessenderlo invests in second gelatine factory in China
Source: Release Date:2010-11-17 135
BELGIUM'S Tessenderlo Group is building a second gelatine manufacturing facility in Heilongjiang in northeast China. The plant, which will employ more than 200 people, is expected to be operational by mid-2011 and will mainly produce gelatine for pharmaceutical applications. The facility will be part of PB Gelatins China, the joint venture in which Tessenderlo holds 86% and the Yang family 14% of the shares. "This investment makes it possible for us to strengthen our position as the world's third-largest gelatine supplier, and to increase our global presence in the most important gelatine markets," said Tessenderlo CEO Frank Coenen. "The availability of high-quality raw materials and the increased demand for high-quality gelatines in China support our decision," André Song, general manager of PB Gelatins China, added.Air Jordan XI 11 Shoes
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