Sino-French partnership supplies essential chemicals for the world's pharmaceuticals and cosmetics

Since founded in 2003, Novacap has developed into a major manufacturer and distributor of essential chemicals for use in everyday products. Today, the Lyon-based company serves more than 650 customers in over 80 countries - being the leader in the pharmaceutical and cosmetics market of aspirin and para-aminophenol (used for paracetamol). The Group also holds leading positions in high-grade sodium bicarbonate as well as in soda ash, phenol and oxygenated solvents, hydrochloric acid and ferric chloride.

In recent years, Novacap has focused on international expansion within key growth markets. Within its 11 facilities worldwide, over half of its total 1,245 employees are based in Asia. The company remains committed to its increasingly important China market.

"While our business is growing in France, we recognize the need to accelerate our international footprint," says Pierre Luzeau, chairman and CEO of Novacap. "We are seeing strong results in Asia, and are increasingly focusing our efforts on strengthening our presence in China in particular."