# CJ HealthCare to build $84M IV fluid plant in Osong, South Korea

CJ HealthCare will invest 100 billion won ($84.3 million) to build a new IV fluid factory in the Osong Life Science Complex, North Chungcheong Province. The 32,893-square-meter plant will produce 55 million saline bags per year, with completion by 2020 and mass production in 2021.

- Type: New facility
- Announced: 2019-06-10
- Where: Osong Life Science Complex, North Chungcheong Province, South Korea
- Value: $84.3M (100.0B KRW)
- Starts operating: 2021
- Status: under construction
- Capacity: 55 million saline bags per year
- Products: IV fluids, saline bags
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [CJ HealthCare](https://endata.com/companies/39908.md)
- [Kolmar Korea](https://endata.com/companies/39909.md) (investor)

## Sources

- [koreabiomed.com](https://www.koreabiomed.com/news/articleView.html?idxno=5898), 2019-06-10: "The construction of the new plant aims to supply fluid products smoothly and expand product lines."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.