WuXi PharmaTech Signs VMI Agreement with BASF

WuXi
PharmaTech's rapidly expanding line of services ranges from early stage
discovery chemistry through lead optimization chemistry, all the way to
process research + development and bulk manufacture of active pharmaceutical
ingredients. Its operating companies manufacture basic products for a
variety of global industries including chemicals, plastics, automotive,
aviation, footwear, paints and coatings , construction, technology,
agriculture, health care, textiles, detergent, personal care, furniture ,
appliances and packaging.

chemical toiletries

This deal is a milestone for us and we encourage
other vendors to follow suit. Significant risks and uncertainties may
relate to, but are not limited to, financial , economic, competitive,
environmental, political, legal, regulatory and technological factors.

marketplaces resins


"We currently have polyetheramine production facilities in Conroe, Texas
and Llanelli, Wales.

explosives catalysts

com
Web: http://www. The company assumes no obligation to provide revisions to any
forward -looking statements should circumstances change, except as otherwise
required by securities and other applicable laws.

adhesives intermediates

The VMI arrangement with BASF will
reduce such lead-time and minimize demand and supply uncertainty for both BASF
and WuXi PharmaTech. Again, this agreement demonstrates our
determination to serve "our customers better". The forward-looking statements in this release are subject to
uncertainty and changes in circumstances and involve risks and uncertainties
that may affect the company's operations , markets, products, services, prices
and other factors as discussed in the Huntsman companies' filings with the
Securities and Exchange Commission.

respectively adhesives

WuXi PharmaTech regularly purchases chemicals
and reagents from vendor catalogs.

pigments explosives

WuXi PharmaTech's strong capabilities and
impressive track record enable the Company to provide a broad spectrum of
integrated development services from milligram to metric ton scaled active
pharmaceutical ingredients, intermediates and raw materials.

focussing intermediates

, Ltd.pharmatechs .
Accordingly, there can be no assurance that the company's expectations will be
realized.

dyes adhesives

all provide their products and services to
WuXi PharmaTech.
BASF is the world's leading chemical company. Importantly, it also allows
them to take full advantage of the lower research costs in China.

catalysts petrochemicals

Ge Li, the Chairman + CEO of WuXi PharmaTech, commented ''The
agreement on vendor managed inventory is a win-win solution for both BASF and
WuXi PharmaTech. THE WOODLANDS, Texas, Peter R.

adhesives diversified

offers global pharmaceutical /
bio-pharmaceutical companies diverse outsourcing services in combinatorial ,
medicinal, synthetic chemistry and manufacturing.com.

respectively diversified

However, many must-have reagents and chemicals have to be
shipped from overseas and thus have long lead-time, an issue that WuXi
PharmaTech has been trying to solve. As a reliable partner to virtually
all industries, BASF's intelligent solutions and high-value products help its
customers to be more successful.
Tel: +86-21-5046-4002
Fax: +86-21-5046-1000
Email: zeng_bei@pharmatechs.

pigments diversified

Such an agreement precisely reflects the customer-
centered business ethic and excellence that WuXi PharmaTech embodies. In 2004, BASF had approximately 82,000
employees and posted sales of more than
Dr.

Huntsman is a global manufacturer and marketer of differentiated and
commodity chemicals.


resins respectively

and BASF agreed on a vendor managed inventory (VMI) system for
selected inorganic specialties, which will set up a consignment-based vendor
stock at WuXi PharmaTech.

chemical focussing

Cuts Shipping Days From Seven to Zero

SHANGHAI, China, April 13 /Xinhua-PRNewswire/ -- Recently, WuXi PharmaTech
Co. Companies like Acros, Adrich, Lancaster,
TCI, Fisher Scientific and etc.

Huntsman to Build Polyetheramine Manufacturing Facility in Singapore

Huntsman commented, "Our construction of this new facility is
consistent with our corporate strategy of selectively investing in our
differentiated businesses, and will help us to meet the rapidly growing demand
for polyetheramines, especially in the critical Asia/Pacific region."
Key polyetheramines applications include epoxy coatings, concrete
additives, organic pigments, fuel and lube additives, and herbicides and
pesticides.

catalysts diversified

adsorbents toiletries

toiletries biochemical


With the expanding of business and the setup of a new GMP plant in
Shanghai, WuXi PharmaTech is poised to achieve high growth and attract more
collaboration partners; one representative of such is BASF . The consignment arrangement not only eliminates our order
fluctuation for BASF, but also, more importantly, ensures our service
commitment to WuXi PharmaTech's customers by allowing us to cut the usual
seven shipping days to zero. Currently, WuXi
PharmaTech's client list includes over 60 leading drug discovery companies
covering a majority of the world's largest pharmaceutical companies .

coatings focussing

"

About WuXi PharmaTech
Shanghai-based WuXi PharmaTech Co.com
http: //www.
The company expects the facility, which will have an annual capacity of
approximately 30 million pounds, to be operational in the first quarter
of 2007.5 billion.

Statements in this release that are not historical are forward-looking
statements.

The Chemicals category focuses on industries and companies engaged in chemical manufacturing, including:

Basic organic and inorganic chemical compounds, resins, additives, pigments, dyes, and petrochemicals which are generally used as raw materials for other chemical products,
Intermediate and end products for both industrial and consumer use, including cleaning agents, adhesives and coatings, and agricultural chemicals,
Synthesis of polymers and plastics, as well as companies which provide contract processing such as extrusion or molding,
Support industries such as producers of chemical manufacturing equipment as well as associations, wholesalers, importers, and media companies focussing on chemical sectors

Sites not listed in this category include:

Topics related to scientific or academic aspects of either chemistry or chemical engineering are organized in Science: Chemistry and Science: Technology: Chemical Engineering, respectively.

dyes focussing

pharmatechs-us.com
http://www.


Pharmaceuticals are listed in Business: Biotechnology and Pharmaceuticals: Pharmaceuticals.

chemicals adhesives

With the addition of a new GMP plant at Jinshan in Shanghai,
WuXi PharmaTech has further increased its bulk production capacity to meet
rapidly growing customer demand.

For more information, please contact:

Bei Zeng, PR Department,
WuXi PharmaTech Co.
Huntsman, President and CEO of Huntsman Corporation (NYSE: HUN) today
announced the company plans to build a world scale polyetheramine
manufacturing facility in Jurong Island, Singapore. These statements are based on management's current beliefs and
expectations.


biochemical adhesives

toiletries chemical

newscom.
Mr. Completion of the Singapore plant will increase our
capacity by approximately 25% and give us a truly global platform for the
manufacture and marketing of this specialty product. Originally known for pioneering innovations in
packaging, and later, rapid and integrated growth in petrochemicals, Huntsman
today has 11 ,300 employees, 57 operations in 22 countries and had 2004
revenues of $11.

explosives pharmaceuticals

, Ltd. With an on-site BASF managed inventory, researchers
at WuXi PharmaTech will be able to get reagents from BASF's wide portfolio of
Boron Chemicals and Strong Bases without worrying about delivery uncertainty
and lead-time.
(Logo: http://www.com/cgi-bin/prnh/20040705/CNM002LOGO )
As a chemistry-based R+D service company, WuXi PharmaTech strives to
provide high quality and timely services to global pharmaceutical and
biopharmaceutical companies. Its portfolio ranges from
chemicals, plastics , performance products, agricultural products and fine
chemicals to crude oil and natural gas., Ltd .

inorganic pharmaceuticals

pharmatechs.cn


inorganic dyes

 You Are Here:  > Start > Business_and_Employment > Chemicals    ( Viewing: Main Section )
Working overtime to stay the Web's best reference!
Search the Web
 
-> Show SiteSeek's List of Web Sites For This Topic (Not Yet Peer Reviewed)

- -
kjjkjk


Loading...

(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)