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Lubrizol and Polyhose form JV for medical tubing plant in Chennai · Endata

◂ Announcements

Nov 14, 2024PARTNERSHIPChennai, Tamil Nadu, India

Lubrizol and Polyhose form JV for medical tubing plant in Chennai

Lubrizol and Polyhose signed a joint venture agreement to build a high-precision medical tubing facility in Chennai, India. The estimated investment is ₹200 crore, with construction starting in early 2025 and operations expected in 2026.

Value

$2.40M (200.0M INR)

Status

Announced

Productsmedical tubingballoon cathetersminimally invasive procedure catheters

CompaniesLubrizol partner Polyhose India partner

Sectors#Medical Devices

“This collaboration aims to reduce India’s reliance on imports for critical care catheters.”thehindubusinessline.com

1 source
thehindubusinessline.comLubrizol and Polyhose ink pact for medical tubing production, aim to reduce imports - The HinduBusinessLineG BalachandarNov 14, 2024

Summarized from public sources; check the original articles before acting on it.

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