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Novacap

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Novacap - Chemicals & Materials showcase

Year Founded & Workforce

2003

3,200 Employees

Industry

Chemicals & Materials

Services

Performance Products
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Novacap Overview

Company Headquarters: France

Founded: 2003

Workforce: 3,200

Company Working: Novacap is a leading European chemicals company operating in three business divisions, namely, pharmaceutical & cosmetics, mineral specialties, and performance chemicals. It is a leading producer of sodium carbonate, sodium bicarbonate, and sodium silicate in Europe, with four manufacturing plants in France. The products offered are ISO 9001, ISO 14001, OHSAS 18001, GMP Feed, and Excipact certified. The company operates 26 industrial plants and 2 main R&D centers, mainly in Europe, Asia and North America. Novacarb and Novabay are the major subsidiaries of Novacap, that are engaged in the production of sodium bicarbonate.

Strategy

Novocap continuously strives to increase its geographic footprint by continuing to leverage its market positioning through expansion into new geographic markets, particularly in countries with favorable macro-trends in target applications.

Company Snapshot

3,200

Employees

2003

Founded

France

Headquarters

SWOT Analysis

Strengths

  • Eco-friendly and ECOCERT certified products
  • Well established consumer base in Europe
  • Wide product portfolio

Weaknesses

  • Limited global presence

Opportunities

  • Growing use of sodium bicarbonate in hemodialysis treatment

Threats

  • Compliance with REACH regulations

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Key Developments

DateApproachDevelopment
July 2017ExpansionNovacap opened sodium bicarbonate plant, Novabay, in Singapore to cater the increasing demand for the product in the pharmaceutical and healthcare, dialysis, personal care, food, and other industrial applications. This plant has yearly production capacity of 70,000 metric tons, with a potential debottlenecking up to 120,000 metric tons.

Product Offering

  • Novacap
    • Performance Products

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