Shengtai Pharmaceutical Attractive at Current Levels
Aggregated Source: China Stocks News and Analysis from Seeking Alpha
Shengtai Pharmaceutical (SGTI.OB) is the largest domestic producer of pharmaceutical grade glucose in China. In 2006 SGTI began the process of bringing production of their primary raw material, corn starch, 'in house' by building a cornstarch manufacturing facility. This serves to increase margins & provide a steady supply of quality raw material required to reliably expand glucose production.
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