Richwood Trading Company Invests in Cheonan

Researched by Industrial Info Resources (Sugar Land, Texas)--Richwood Trading Company Limited (Seoul, South Korea), a pharmaceutical company recognized for its expertise in finished pharmaceuticals and ophthalmic parenteral blow-fill-seal products, plans to construct a new manufacturing plant in Cheonan, South Korea, with an investment of KRW 130 billion (around US$100 million). The company has secured a site at the Cheonan Northern BIT Industrial Complex and signed an investment memorandum with Chungcheongnam-do and Cheonan City to move the project forward.

Through this initiative, Richwood Trading Company Limited aims to meet the growing demand for pharmaceutical products by introducing cutting-edge technologies and production facilities that comply with global standards.

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