# Gunze to invest 5.7 billion JPY in Konan plant expansion

Gunze Limited will invest approximately 5.7 billion JPY to expand its Konan plant in Aichi, Japan, targeting completion by March 2025, to meet growing demand from medical device and semiconductor markets.

- Type: Expansion
- Announced: 2023-10-12
- Where: Konan, Aichi, Japan, Japan
- Value: $38.0M (5.70B JPY)
- Starts operating: Mar 2025
- Status: announced
- Products: engineering plastics, tubes, belts, fluoropolymer components, polyimide resin components
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Gunze](https://endata.com/companies/70236.md)

## Sources

- [gunze.co.jp](https://www.gunze.co.jp/english/news/2023/2023101201.html), 2023-10-12: "Gunze has decided to invest in the expansion of its Konan plant with a target completion date of March 2025 to support the growth of its engineering plastics business."

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