AmorePacific sets sights on C&T top 10

Published: 5-Jan-2012
Finance

Construction of new production and research centre underway in China


South Korea’s AmorePacific has begun construction of a new China production and research centre in the new business area in Maluzhen, Jiading district of Shanghai. The site is due for completion in March 2013 and promises to house the highest level of production, research, distribution and eco-friendly environment in the Chinese industry.

The company has set its sights on being part of the global top 10 by 2015, aiming to become a middle-term global business focusing on accelerating business growth in China.

The new Shanghai centre will have annual production capacity of 7,500 tons and one hundred million products, a 16-fold increase on current production capacity. This will comprise both cell production methods for diversified small quantity production and mass methods prepared for the rapid demand of China’s market.
  • Companies:
  • Amorepacific GROUP
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