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Increased production capacity and market presence expected to drive competitive position and organic growth; follows previous investments in Ireland and China
Wilmington, Del., April 01, 2025 (GLOBE NEWSWIRE) -- Ashland has completed a 10-million-dollar expansion of its pharmaceutical manufacturing plant in Cabreúva, Brazil and will celebrate the occasion with a ribbon-cutting ceremony on April 4, 2025.
The investment significantly expands Ashland’s pharmaceutical footprint in the region and capabilities to meet increasing market demand for coated tablets in Latin America and Brazil. Between 2019 and 2023 the consumption of coated tablets in Latin America had an average growth of 4.3 percent per year, while Brazil has reached growth of 5.7 percent per year+.
The investment also includes the modernization of equipment for microbial protection in personal care applications at the Research and Development (R&D) laboratory of the company's Technical Center in São Paulo and follows the company’s previous investments to expand their bioresorbable polymers facility in Mullingar, Ireland and biofunctionals R&D lab in Shanghai, China.
“Our focused actions continue to demonstrate Ashland’s strategies to globalize, innovate and invest as a means of driving superior differentiation for customers and increase shareholder value,” said Guillermo Novo, chair and chief executive officer, Ashland. “The investments we have made in Cabreúva and São Paulo are supporting the globalization of our expertise in tablet coatings and microbial protection. They ensure even more innovation, collaboration and technical support for Ashland customers.”
The new state-of-the-art equipment enhances Ashland’s capabilities in tablet coatings application, color matching, stability and quality evaluation. Through enhancements to the R&D lab, Ashland can offer customized solutions to industry needs, and innovative solutions with ultra-high solids coatings, moisture protection, odor and flavor masking, and modified release systems. To ensure optimal performance, local Ashland employees underwent specialized training at the company’s headquarters in the United States and with equipment manufacturers.
“Our investments are focused on meeting growing market demand in Brazil and Latin America with more efficiency and technology,” said Alessandra Faccin, senior vice president and general manager, life sciences, Ashland. “The new plant accommodates high-performance production, and offers our customers differentiated technical support from formulation design to industrial scale, enabling new innovations and organic growth."