IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Workers occupy McVicar's fine chemicals plant in China

2:00 AM MDT | August 28, 2013 | Natasha Alperowicz

McVicar Industries (Toronto) says that production facilities at its wholly owned subsidiary Zhejiang Hongbo Chemical (Zhejiang, China) continue to be illegally occupied by factory managers and staff. McVicar first announced the occupation on 13 August, following its decision on 2 August to temporarily suspend Hongbo’s production. The company decided to suspend production at the site because of changes in environmental and safety regulations enforced by local government on chemical manufacturers in nonchemical industrial parks, which aim to reduce...

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