Richman Chemical featured in the GB Reports USA East Coast 2012 Specialty Chemical Report
Philadelphia, PA, November 29, 2012 -- Richman Chemical, Inc. is featured in the latest report from Global Business Reports on the Specialty Chemical Industry in 2012. An excerpt and a link to the full report are below.
While contract and toll manufacturing is a stopgap measure for some, it is the bread and butter of a booming services sector. Not only are more contract services companies cropping up, but companies offering third party project management have also found a niche in the market. The business model of Richman Chemical of Lower Gwynedd, Pennsylvania, for example, revolves around developing partnerships between clients and contract manufacturers.
"Historically, many companies approached custom manufacturing as a surplus business or fill-in. In the last 25 years, more companies have started to actually specialise in it," says Edward Richman, president of Richman Chemical. "Innovations in chemistry and life sciences are accelerating and we are seeing increased demand for high-tech, high-value projects for these markets."
About Richman Chemical
Founded in 1988 by Dr. Edward Richman, Richman Chemical's unique business model assists emerging and established pharmaceutical and chemical companies in using their resources more efficiently. Richman Chemical offers solutions for process development, regulatory assistance, small-to-large-scale manufacturing, and expert project management. Richman Chemical is an excellent resource for virtual firms and venture capitalist-supported start-ups with limited budgets and constrained timelines for commercialization. With 25 years of experience, Richman Chemical is known across the country and around the world as a reputable and dependable outsourcing partner. Our clients' goals become our own, and our shared success is measured in delivering solutions on time and on budget.
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