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Business

DSM Shelves China Vitamins Project

by Jean-François Tremblay
November 9, 2009 | A version of this story appeared in Volume 87, Issue 45

DSM has halted talks with North China Pharmaceutical Group about forming a vitamins and anti-infectives joint venture. The two companies had been in talks since 2004 and signed joint-venture contracts earlier this year. DSM says it recently learned that there has been a “change in the ownership of North China” that would delay implementation of the joint venture. DSM says it may resume discussions with North China in the future or start working with other partners.

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