# Kaneka to build new catheter plant in Hokkaido for ¥10 billion

Kaneka Corporation decided to build a new catheter plant at its Tomatoh Manufacturing Site in Hokkaido, with an investment of approximately ¥10 billion by affiliate Kaneka Medix Corporation. The plant is scheduled to begin operations in March 2027 and will double production capacity.

- Type: New facility
- Announced: 2024-11-07
- Where: Tomatoh, Hokkaido, Japan
- Value: $66.5M (10.0B JPY)
- Starts operating: Mar 2027
- Status: announced
- Capacity: double current capacity
- Products: medical catheters
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Kaneka](https://endata.com/companies/5927.md)
- [Kaneka Medix Corporation](https://endata.com/companies/81399.md) (investor)

## Sources

- [kaneka.co.jp](https://www.kaneka.co.jp/en/topics/news/2024/ennr2411071.html), 2024-11-07: "Kaneka Corporation has decided to build a new catheter plant at the Tomatoh Manufacturing Site in Hokkaido, with an investment of approximately 10 billion yen."
- [kaneka.co.jp](https://www.kaneka.co.jp/topics/news/2024/nr2411071.html), 2024-11-07: "北海道の苫東工場内にカテーテルの新プラント建設を決定しました。投資金額は約100億円、2027年3月の稼働を予定しています。"

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