The Kuraray Group company, Kuraray Medical Inc. (a wholly owned subsidiary of Kuraray Co., Ltd., Head Office: Chiyoda-ku, Tokyo) has decided to move forward on the main construction of a new dental materials production facility. Following the decision and announcement to construct the new plant in scrap-and-build style in October 2008, the commencement of construction was postponed in response to the rapid deterioration of the economic situation. It was, however, judged that an expansion of domestic and international demand could be anticipated in the future. The overview of the new plant, slightly revised from original plans, is as follows.
Overview of the new plant
| Location | Niigata Plant, Kuraray Co., Ltd., 2-28 Kurashiki-cho, Tainai, Niigata | * | Originally planned site: | Kurashiki Plant, Kuraray Co., Ltd.,
7471 Tamashima-Otoshima, Kurashiki City, Okayama | | Current facilities: | Kurashiki Plant (Sakazu), Kuraray Co., Ltd.,
1621 Sakazu, Kurashiki City, Okayama | |
| Plant Capacity | 1,100,000 sets per year (current: 900,000 sets per year)
Augmentable to 1,500,000 sets per year due to the relocation of equipment from existing plant |
| Facility scale | Three-story building, total floor space of 9,800m2 |
| Capital investment | Approximately ¥5.5 billion |
| Timetable | | October 2010 | On-site construction commences | | December 2011 | Completion of facility expansion, commencing trial operations and quality verification - * Originally planned for October 2010
| | November 2012 | Commencement of full operations - * Originally planned for October 2011
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Kuraray Medical Inc. Corporate Profile
| President | Sadaaki Matsuyama |
| Head office | Ote Center Building, 1-1-3, Otemachi, Chiyoda-ku, Tokyo |
| Paid-in capital | ¥300 million (100% owned by Kuraray Co., Ltd.) |
| Business activities | Manufacturing, development and sales of medical-related products |
- The previous press release announced on October 15, 2008 is available here.
