Kuraray Medical Inc. (Headquarters: Chiyoda-ku, Tokyo; President: Hideo Horii) and Asahi Kasei Medical Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Yasuyuki Yoshida) have concluded a basic agreement on the establishment of a joint venture company for the purpose of manufacturing hollow-fiber membranes for medical applications that employ ethylene vinyl alcohol polymer (EVOH) resin that is manufactured and sold by Kuraray under the EVAL brand name.
(1) Company name | A-K Membrane Manufacturing Co., Ltd. |
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(2) Representative | Tatsuo Hiyoshi (Managing Director, Asahi Kasei Medical Co., Ltd.) |
(3) Business activities | Manufacture and supply of hollow-fiber membranes for medical applications utilizing Kuraray's EVOH resin (Brand name: EVAL) |
(4) Establishment | June 2006 |
(5) Production capacity | Membranes for 4 million dialyzers/year (initially 2.6 million dialyzers/year) |
(6) Location | Nobeoka City, Miyazaki Prefecture |
(7) Commencement of operations | May 2008 (planned) |
(8) Total investment | Approximately ¥2,500 million (Initial investment approx. ¥2,000 million) |
(9) Capital | ¥490 million |
(10) Shareholdings | Kuraray Medical Inc. (50%) Asahi Kasei Medical Co., Ltd. (50%) |
(11) Number of employees | Approx. 50 |
Both Kuraray Medical Inc. and Asahi Kasei Medical Co., Ltd. deem it essential to undertake joint capitalization of a manufacturing facility to ensure the stable supply of dialysis- and plasmapheresis-related products.
This agreement between the two companies was brought about by the opportune timing of Kuraray Medical's search for a new EVOH manufacturing site as part of its reorganization of the Kurashiki Plant and Asahi Kasei Medical's plan to increase production at Nobeoka.
(1) Representative | Hideo Horii |
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(2) Established | June 21, 2001 |
(3) Capital | ¥2,500 million (Kuraray Co., Ltd. 100%) |
(4) Headquarters | 1-1-3 Otemachi, Chiyoda-ku, Tokyo |
(5) Production plant | Kurashiki Plant (manufacture of hollow-fiber membranes for artificial kidneys, dental adhesives and dental filling resins) |
(6) No. of employees | Approximately 340 (as of March 31, 2006) |
(7) Net sales | ¥12,800 million (as of March 31, 2006) |
(8) Business activities | Development, manufacture and sale of artificial kidneys, plasmapheresis-related products, dental adhesives and dental filling resins and other medical devices |
(1) Representative | Yasuyuki Yoshida |
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(2) Established | July 24, 1974 |
(3) Capital | ¥800 million (Asahi Kasei Pharma Corporation 100%) (Note: Asahi Kasei Pharma Corporation is wholly owned by Asahi Kasei Corporation) |
(4) Headquarters | 9-1 Kanda Mitoshiro-cho, Chiyoda-ku, Tokyo |
(5) Production plants | Nobeoka Plant (manufacture of hollow-fiber membranes for artificial kidneys); Oita Plant (artificial kidney manufacture and assembly); China Plant (Hangzhou, Zhejiang Province, artificial kidney manufacture and assembly) |
(6) No. of employees | Approximately 1,700 (as of March 31, 2006) |
(7) Net sales | ¥40,100 million (as of March 31, 2006) |
(8) Business activities | Development, manufacture and sale of artificial kidneys, leukocyte reduction filters for blood transfusion, blood- and plasma-related products, Planova™ (virus removal filters) and other medical devices |