Gunze Limited announced that Gunze has decided to invest in the expansion of its Konan factory with a target date of March 2025 to support the growth of its engineering plastics business. This investment is in response to growing demand in the medical device and semiconductor markets. The Konan plant started operations in 1990 as the core plant for the engineering plastics business.
Since then, the factory has expanded its activities by developing and supplying pipes, tires and other components for the office automation market and various industries, using its proprietary processing technologies for fluoropolymers and polyimide resins. The new building will have an exterior with high thermal insulation, high-efficiency lighting & air conditioning and photovoltaic energy generation to reduce CO2 emissions, and will achieve an environmental performance rating of B+ or higher under the CASBEE (Comprehensive Assessment System for Built Environment Efficiency) certification ). Gunze promotes company-wide activities to reduce the environmental impact of its business operations, strives for environmentally friendly management and contributes to the development of the local community by revitalizing the economy and creating new employment opportunities in the local Aichi Prefecture.
Overview of Konan Factory Expansion: Location: 1, Toritsuke, Murakuno-cho, Konan, Aichi, Japan. Total investment: Approx. 5.7 billion JPY.
Structure: Steel frame, 2 floors. Building area: 4,396 square meters. Total floor area: 8,121 square meters.
Key Products: Products that leverage the functionality of engineering plastics in the medical device and semiconductor markets. Construction schedule: Start of construction in February 2024, commissioning in May 2025.