The constructing of the plant in Johor State, Malaysia will begin in August of 2023 and is expected to be completed by July 2025.
Colorcon Inc. (Harleysville, PA) has announced its investment in a new manufacturing plant in Johor State, Malaysia for its film coating products. The constructing of the plant will begin in August of 2023 and is expected to be completed by July 2025. This will be the eight plant in Colorcon’s global network, and will product high quality, innovative film coating products for pharmaceutical and nutraceutical manufacturers located in South East Asia, including Australia and New Zealand.
“This investment strengthens our strategy to position Colorcon facilities close to our customers and support the projected growth in the region,” explained Simon Tasker, CEO of Colorcon Inc., in a press release. “The new plant in Malaysia will reduce delivery lead-times, improve our sustainability and strengthen our assurance of supply for our customers in the region; while assuring quality and equivalency of product manufactured at any of our network of manufacturing locations around the world.”
“We want to make it easy for customers to work with Colorcon,” added Willem Hoogwater, managing director, NESEA. “The new plant represents a significant commitment to customer satisfaction, convenience, and the resilience of the supply chain in Southeast Asia. The investment in regional production will further enhance Colorcon’s ability to provide the high service level our customers expect, and we believe our customers deserve.”
According to Colorcon, the investment in local manufacturing will improve its flexibility in the scheduling of production, resulting in higher efficiency for customers and secure the supply chain to meet future industry needs.