Dutch vitamin giant DSM sees huge potential for China growth
By Wu Yiyao In Shanghai | China Daily | Updated: 2016-03-09 08:00
The world's largest vitamin maker, Royal DSM NV, will continue investing in life sciences business in China as the market for nutrition supplements expands, the company's chairman and chief executive officer said.
Feike Sijbesma said the Dutch company's plans include launching of new manufacturing plants, opening of research and innovation centers as well as hiring of more local talent.
China is now one of DSM's fastest-growing markets with sales of 937 million euros ($1.026 billion) in 2015, up 12 percent from 833 million euros in 2014, according to the company's annual results.
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