EnviroTech :: Biotech
Fine Chemicals: SAFC Targets $1 Billion Sales, Boosts its Offering (with video)
7:44 AM MDT | September 22, 2011 | Alex Scott in Glasgow, U.K.
SAFC, the custom fine chemical manufacturing arm of Sigma-Aldrich Corp., is targeting sales from organic growth of $1 billion/year in the next four years. SAFC generated sales in 2010 of $647 million and expects to increase that by 9% in full-year 2011. The company undertakes a range of fine chemicals services including contract manufacturing for the pharmaceuticals and electronics sectors. SAFC grew sales 13% in the first half of 2011. Strongest growth has been in the company’s fine chemical activities in biopharmaceuticals and electronics...
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