Xian Thiebaut celebrates 20th anniversary

On the 13th of May 2019 Xian Thiebaut Pharmaceutical Packaging celebrated its 20th anniversary. Exactly 20 years ago, on 13 May 1999, the contracts between the Belgian and Chinese shareholders were signed. The succesful Sino-Belgian joint venture produces aluminium tubes for the pharmaceutical and cosmetic industry. In the footsteps of Xian Janssen Pharmaceutical, the joint venture became a major reference in the pharmaceutical packaging industry in China.

Horsten International was one of the co-founders of the project and still is a shareholder today.