AllessaChemie Doubles Project Sales; Creates R&D Model

AllessaChemie (Frankfurt), Europe’s largest privately owned toll manufacturer of non-GMP specialty chemicals, says that sales of its project-based business have more than doubled, to €300 million ($472 million), for the fiscal year ended June 1. Sales for the current fiscal year are expected to increase by a further 35%, the company told CW at Chemspec Europe, held recently in Münich. Allessa says it is operating at “above average profitability,” but it declined to provide further details. Allessa’s projected earnings are...

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