Asahi Kasei Medical, Kuraray Medical to Jointly Set up Hollow Fiber Membrane Manufacturing Company.Tokyo, Japan, June 5, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - Asahi Kasei Medical announced on June 1 that it has reached a basic agreement with Kuraray Medical to establish a 50-50 joint venture company for manufacturing hollow fiber membranes with a view to ensuring a stable supply of blood purification and dialysis devices. To be capitalized at 490 million yen ($4.4 mil), A-K Membrane Manufacturing Co., Ltd. will be located in Miyazaki and will manufacture and distribute hollow fiber membranes using EVAL, Kuraray's proprietary ethylene ethylene (ĕth`əlēn') or ethene (ĕth`ēn), H2C=CH2, a gaseous unsaturated hydrocarbon. It is the simplest alkene. vinyl alcohol copolymer copolymer: see polymer. (EVOH EVOH Ethylene Vinyl Alcohol Polymer (chemical industry) resin). The joint venture will invest 2.5 billion yen ($22.5 mil) in plant and equipment and start full-scale operations in May 2008. The plant will start with an annual output capacity of 2.6 million units and increase to 4.0 million units. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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