Medical products group launching $75 million expansion in Malayasia

Richard Higgs
EUROPEAN PLASTICS NEWS

Published: February 24, 2014 11:23 am ET
Updated: February 24, 2014 11:26 am ET

Related to this story

Topics Medical, Europe, Asia

German medical products manufacturer B. Braun Medical is investing more than 55 million euros ($75.5 million) on a project to expand its pharmaceuticals plant in Penang, Malaysia.

The Melsungen, Germany-based group launched the latest project of its Malaysian subsidiary B. Braun Medical Industries this month at a ground breaking ceremony at the Bayan Lepas Free Industrial Zone in Penang.

Increasing national and regional demand has led to the latest capacity extension of B. Braun's Penang Island facility with a boost to output of sterile infusion solutions in bags and plastic containers.

The Malaysian operation comprises six different manufacturing units with products including medical devices such as injection needles, sutures, catheters, I.V. solution administration sets and surgical blades and instruments.

B. Braun's Penang operation, employing 5,000, is one of the global group's largest industrial sites outside Europe. The group has already invested more than 385 million euros ($529 million) on the site. Expansion of the pharmaceuticals unit will lead to the creation of additional jobs for engineers and technicians, it said.

Last year the company completed and started production at a 13 million euro ($17.86 million) expansion at its disposable medical supplies plant at Gyöngyös in north eastern Hungary.

In June this year, the family owned group celebrates the 175th anniversary of its foundation as a humble pharmacy business in Melsungen in 1839. Today it employs 50,000 people at operations in 61 countries.


Comments

Medical products group launching $75 million expansion in Malayasia

Richard Higgs
EUROPEAN PLASTICS NEWS

Published: February 24, 2014 11:23 am ET
Updated: February 24, 2014 11:26 am ET

Post Your Comments


Back to story


More stories

Image

Optical disc molder OEM getting into micromolding with acquisition of CDA

August 29, 2014 11:24 am ET

Optical disc replicator and molder Optical Experts Manufacturing Inc. of Charlotte, N.C., has expanded its core business and entered new high...    More

Image

Haitian's standardization efforts paying off

August 29, 2014 9:53 am ET

Streamlined design efforts and robust export sales helped propel Ningbo, China-based injection molding machine manufacturer Haitian International...    More

Polish injection molder Teknorubber up for sale

August 29, 2014 9:14 am ET

Polish plastic parts maker Teknorubber has been put up for sale following its insolvency filing in March 2014. The company is to be auctioned through ...    More

Image

Baxter may be looking for a Boston home

August 28, 2014 11:46 am ET

As Baxter International Inc. may be staking out real estate in the Boston area for its headquarters, Illinois faces the prospect of having to dangle...    More

Image

Bag usage drops 71% in Northern Ireland

August 28, 2014 10:41 am ET

A shopping bag fee in Northern Ireland has resulted in a 71.8 percent reduction in bag numbers in its first year of operation.    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events