Monday, March 17, 2025 | 10:48 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Tekni-Plex to invest $15 mn in new China manufacturing facility

Facility to make tubing for the Asia-Pacific pharmaceutical and medical device industry

Medical devices
Premium

Medical devices

BS B2B Bureau Wayne, Pennsylvania (USA)
Tekni-Plex Inc, the US-based provider of innovative packaging materials, medical compounds and precision-crafted medical tubing solutions, will invest $15 million to set up a manufacturing facility in Suzhou, near Shanghai (China). It represents the single largest recent investment by Tekni-Plex and reflects the growing needs of the Asia-Pacific pharmaceutical and medical device market. Production for some product lines has already begun.

Initially, the facility will manufacture products for Tekni-Plex’s Natvar, Colorite and Action Technology business units. The facility will feature three Class 100K cleanrooms to accommodate medical-grade tubing and components production plus one Class 10K cleanroom that will produce Natvar’s pharma-grade

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in