# Kaneka to triple medical catheter capacity in Vietnam with new plant

Kaneka Corporation will build a new plant adjacent to its existing facility in Binh Duong, Vietnam, to triple medical catheter production capacity. The investment is roughly 1 billion yen, with operations starting January 2022.

- Type: Expansion
- Announced: 2020-09-23
- Where: Binh Duong, Vietnam, Vietnam
- Value: $9.50M (1.00B JPY)
- Starts operating: Jan 2022
- Status: announced
- Capacity: tripling production capacity
- Products: medical catheters for cardiovascular, peripheral vascular, cerebrovascular, and gastrointestinal intervention
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Kaneka](https://endata.com/companies/5927.md)
- [Kaneka Medical Vietnam](https://endata.com/companies/50096.md) (partner)

## Sources

- [kaneka.co.jp](https://www.kaneka.co.jp/en/topics/news/2020/ennr2009231.html), 2020-09-23: "Kaneka will be greatly increasing the production capacity of its Vietnam production facility. It will build a new plant adjacent to its existing plant, roughly tripling its production capacity."

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