logo
Colorcon and ASHA Cellulose Announce New Partnership to Support the Development & Manufacture of Barrier Membrane Formulations for the Pharmaceutical and Nutraceutical Industries

Colorcon and ASHA Cellulose Announce New Partnership to Support the Development & Manufacture of Barrier Membrane Formulations for the Pharmaceutical and Nutraceutical Industries

Korea Herald08-05-2025
HARLEYSVILLE, Pa. and MUMBAI, India, May 8, 2025 /PRNewswire/ -- Colorcon, a global leader of film coating systems, specialty excipients, controlled release formulations and controlled atmosphere packaging for the healthcare industry, today announced an exclusive partnership with ASHA Cellulose, a leading provider of organo-soluble Ethyl cellulose polymers widely used in the pharmaceutical and dietary supplement industries. As a part of this multi-year partnership, Colorcon will become the exclusive representative for the following ASHA products throughout Europe, the Middle East, Africa, Northeast Asia and Southeast Asia:
"Colorcon is excited to announce our new partnership with ASHA Cellulose to further the support we provide to our customers in barrier membrane and multi-particulate development," said Kurt Fegely, Vice President of Excipient Technologies at Colorcon. "ASHA has been a leader in the cellulosic polymer industry for more than 25 years. Our partnership combines an impressive product portfolio, recognized leadership in controlled release multi-particulate applications and regulatory excellence, helping our customers achieve success in drug delivery."
Raju Shah, President for ASHA Cellulose, commented: "Asha Cellulose has been involved in manufacturing ASHACEL Ethyl Cellulose and ASHAKOTE Aqueous Ethyl Cellulose dispersion using in-house capabilities and a world-class infrastructure. With this partnership, we are confident that the unique combination of our polymer expertise and Colorcon's technical prowess and customer reach will help us serve our customers better."
Simon Tasker, Chief Executive Officer at Colorcon, concluded, "This partnership is a great example of our commitment to the pharmaceutical and nutraceutical industries. We are excited to bring together our two organizations to provide an enhanced product portfolio, high quality manufacturing and dedication to service excellence, supply reliability and technical expertise to our global customers."
This partnership will officially start on May 15th.
About Colorcon
Colorcon is a world leader in the development, supply and technical support of formulated film coating systems, modified release technologies, core excipients and functional packaging for the pharmaceutical industry. www.colorcon.com.
About ASHA Cellulose Private Limited
Asha Cellulose (I) Pvt Ltd is a renowned Indian company engaged in manufacturing Ethyl cellulose and other cellulose derivatives, pigment dispersions through its group companies. Asha's Ethyl cellulose polymer and aqueous dispersion, available under the brand names ASHACEL and ASHAKOTE, comply with the requirements of all major pharmacopoeias and the products are well received worldwide in the pharmaceutical and nutraceutical industries. The India-based manufacturing facility is EXCiPACT and ISO 9001, ISO 14001, ISO 14001 and OSHAS 18001 certified. The company has a state-of-the-art infrastructure and manufacturing control facility, ensuring product quality and regulatory excellence.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India to maintain Russian oil imports despite Trump threats
India to maintain Russian oil imports despite Trump threats

Korea Herald

timea day ago

  • Korea Herald

India to maintain Russian oil imports despite Trump threats

NEW DELHI (Reuters) -- India will keep purchasing oil from Russia despite US President Donald Trump's threats of penalties, two Indian government sources told Reuters on Saturday, not wishing to be identified due to the sensitivity of the matter. On top of a new 25 percent tariff on India's exports to the US, Trump indicated in a Truth Social post last month that India would face additional penalties for purchases of Russian arms and oil. On Friday, Trump told reporters he had heard that India would no longer be buying oil from Russia. But the sources said there would be no immediate changes. "These are long-term oil contracts," one of the sources said. "It is not so simple to just stop buying overnight." Justifying India's oil purchases from Russia, a second source said India's imports of Russian grades had helped avoid a global surge in oil prices, which have remained subdued despite Western curbs on the Russian oil sector. Unlike Iranian and Venezuelan oil, Russian crude is not subject to direct sanctions, and India is buying it below the current price cap fixed by the European Union, the source said. The New York Times also quoted two unnamed senior Indian officials on Saturday as saying there had been no change in Indian government policy. Indian government authorities did not respond to Reuters' request for official comment on its oil purchasing intentions. However, during a regular press briefing Friday, foreign ministry spokesperson Randhir Jaiswal said India has a "steady and time-tested partnership" with Russia. "On our energy sourcing requirements ... we look at what is there available in the markets, what is there on offer, and also what is the prevailing global situation or circumstances," he said. The White House did not immediately respond to requests for comment. Trump, who has made ending Russia's war in Ukraine a priority of his administration since returning to office this year, has expressed growing impatience with Russian President Vladimir Putin in recent weeks. He has threatened 100 percent tariffs on US imports from countries that buy Russian oil unless Moscow reaches a major peace deal with Ukraine. Russia is the leading supplier to India, the world's third-largest oil importer and consumer, accounting for about 35 percent of its overall supplies. India imported about 1.75 million barrels per day of Russian oil from January to June this year, up 1 percent from a year ago, according to data provided to Reuters by sources. But while the Indian government may not be deterred by Trump's threats, sources told Reuters last week that Indian state refiners stopped buying Russian oil after July discounts narrowed to their lowest since 2022 -- when sanctions were first imposed on Moscow -- due to lower Russian exports and steady demand. Indian Oil Co., Hindustan Petroleum Co., Bharat Petroleum Co. and Mangalore Refinery Petrochemical have not sought Russian crude in the past week or so, four sources told Reuters. Nayara Energy -- a refinery majority-owned by Russian entities, including oil major Rosneft, and major buyer of Russian oil -- was recently sanctioned by the EU. Nayara's chief executive resigned following the sanctions, and three vessels laden with oil products from Nayara Energy have yet to discharge their cargoes, hindered by the new EU sanctions, Reuters reported earlyl this month.

FM Cho reaffirms S. Korea's commitment to closer ties in call with Indian counterpart
FM Cho reaffirms S. Korea's commitment to closer ties in call with Indian counterpart

Korea Herald

time7 days ago

  • Korea Herald

FM Cho reaffirms S. Korea's commitment to closer ties in call with Indian counterpart

Foreign Minister Cho Hyun reaffirmed South Korea's commitment to developing bilateral relations with India through high-level exchanges and closer cooperation, as he spoke by phone with his Indian counterpart on Monday, the foreign ministry said. In his first phone talks with India's External Affairs Minister Subrahmanyam Jaishankar, Cho called for continuing to work together to strengthen cooperation between the two countries in a "mutually beneficial" way, the ministry said in a release. "Minister Cho reaffirmed the South Korean government's strong commitment to strengthening bilateral ties with India. ... He also emphasized the importance of seeking more high-level exchanges between the two countries and continuing efforts to expand mutually beneficial practical cooperation," it said. Jaishankar, in turn, noted their personal rapport from Cho's previous service as the South Korean ambassador to India and expressed hope to elevate the two countries' partnership and expand strategic economic cooperation. Cho served as Seoul's top envoy to New Delhi from 2015-17. The two ministers also agreed on the need to "broaden the scope" of the bilateral strategic cooperation and maintain close diplomatic communication going forward, the ministry said. (Yonhap)

Lee's special envoy delivers letter to Modi, pledges deeper Korea–India ties
Lee's special envoy delivers letter to Modi, pledges deeper Korea–India ties

Korea Herald

time18-07-2025

  • Korea Herald

Lee's special envoy delivers letter to Modi, pledges deeper Korea–India ties

President Lee Jae-myung's special envoy to India delivered his personal letter to Indian Prime Minister Narendra Modi, reaffirming the South Korean leader's commitment to deepening the special strategic partnership between Seoul and New Delhi. Lee's special delegation to India, led by former Prime Minister Kim Boo-kyum, met with Modi as well as key figures from the Indian government and parliament on Thursday and Friday in New Delhi, the Foreign Ministry in Seoul said Friday. 'The special delegation paid a courtesy visit to Indian Prime Minister Narendra Modi, personally delivering a letter from President (Lee) containing his message on strengthening Korea–India relations,' the Foreign Ministry in Seoul said. The delegation also 'expressed the firm commitment at the leadership level to advancing the Korea–India Special Strategic Partnership, which marks its 10th anniversary this year.' India is one of the few countries with which South Korea has established a 'special strategic partnership,' alongside Indonesia, the United Arab Emirates, and Uzbekistan. In response, Modi expressed his hope that President Lee would visit India, the Foreign Ministry in Seoul said. Lee and Modi held summit talks in Canada on the sidelines of the Group of Seven or G7 summit in mid-June, less than two weeks after Lee's inauguration. During the meeting, Lee's special delegation also 'called for India's special attention and support for the South Korean government's efforts to achieve substantive progress toward resolving the North Korean nuclear issue and establishing peace on the Korean Peninsula.' Lee's delegation also 'expressed hope that the two countries would continue to strengthen strategic cooperation in areas such as the defense industry and key technologies,' the Foreign Ministry in Seoul said. In return, Modi 'expressed strong interest in cooperation with Korea, particularly in the shipbuilding sector, where Korea leads the world,' underscoring that 'now is the ideal time for Korean companies to enter the Indian market, given India's rapid and stable development,' the ministry added. The Korean special delegation asked Prime Minister Modi for India's continued support for Korean companies operating in the country. Modi responded that India would do its utmost to resolve the challenges faced by Korean businesses, according to the Foreign Ministry in Seoul. During their trip to New Delhi, the delegation also held a luncheon meeting with Periasamy Kumaran, joint secretary at India's Ministry of External Affairs, on Thursday. On the same day, they met with Indian External Affairs Minister Subrahmanyam Jaishankar. On Friday, the delegation met with Om Birla, Speaker of the Lok Sabha. President Lee this week dispatched special envoys to several countries—including India, the European Union, France, and the United Kingdom—as part of the first batch of diplomatic missions abroad since his inauguration on June 4.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store