# 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.

- Type: Partnership
- Announced: 2024-11-14
- Where: Chennai, Tamil Nadu, India
- Value: $2.40M (200.0M INR)
- Status: announced
- Products: medical tubing, balloon catheters, minimally invasive procedure catheters
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Lubrizol](https://endata.com/companies/11149.md) (partner)
- [Polyhose India](https://endata.com/companies/81022.md) (partner)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/lubrizol-and-polyhose-ink-pact-for-medical-tubing-production-aim-to-reduce-imports/article68868689.ece), 2024-11-14: "This collaboration aims to reduce India’s reliance on imports for critical care catheters."

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