Terumo Penpol
Encyclopedia
Terumo Penpol Limited is a subsidiary of Terumo
Corp., Japan, and is India's largest blood bag manufacturer. It is also one of the largest producers of blood bags in Asia, outside of Japan. This Thiruvananthapuram
-based company celebrated its 25th year in October 2010.
(IAS, 1977 Batch) officer from the Manipur
Cadre. It was established as joint venture with Sree Chitra Thirunal Institute of Medical Sciences and Technology
and soon became the first company in India to produce blood bags using indigenous technology. In 1989, Penpol started exporting and followed it up it by setting up an R&D centre.
In 1999, Tokyo-based Terumo Corporation signed a contract to acquire a 74% share of Peninsula Polymers Limited, and the new joint venture was renamed as Terumo Penpol Limited (TPL). The stake of financial institutions and other investors bought over by Terumo, leaving only the promoters and itself as shareholders.
, Kerala
and employs 822 people. Terumo Penpol Blood Bags are sold in over 64 countries across the world and its medical equipment division has commissioned more than 7500 installations. TPL has entered its 25 year of operations in 2010, with an enhanced production capacity of 14.8 million blood bags per annum.
TPL has been winning the top exporter award or the second best exporter award for medical disposables every year from 1994 onwards.
Terumo
was founded in 1921 by Dr. Kitasato Shibasaburō. The company's first product was thermometers and it has since expanded into a global largest medical devices manufacturer, producing a wide variety of products ranging from medical disposables, cardiovascular systems and diabetes care products.In...
Corp., Japan, and is India's largest blood bag manufacturer. It is also one of the largest producers of blood bags in Asia, outside of Japan. This Thiruvananthapuram
Thiruvananthapuram
Thiruvananthapuram , formerly known as Trivandrum, is the capital of the Indian state of Kerala and the headquarters of the Thiruvananthapuram District. It is located on the west coast of India near the extreme south of the mainland...
-based company celebrated its 25th year in October 2010.
Origins
The original company - Peninsula Polymers Limited (Penpol Ltd.) - was established in 1987 by C. Balagopal, a former Indian Administrative ServiceIndian Administrative Service
The Indian Administrative Service is the administrative civil service of the Government of India. It is one of the three All India Services....
(IAS, 1977 Batch) officer from the Manipur
Manipur
Manipur is a state in northeastern India, with the city of Imphal as its capital. Manipur is bounded by the Indian states of Nagaland to the north, Mizoram to the south and Assam to the west; it also borders Burma to the east. It covers an area of...
Cadre. It was established as joint venture with Sree Chitra Thirunal Institute of Medical Sciences and Technology
Sree Chitra Thirunal Institute of Medical Sciences and Technology
The Sree Chitra Tirunal Institute for Medical Sciences & Technology , Thiruvananthapuram , India is an Institute of National Importance established in 1974 by Government of Kerala...
and soon became the first company in India to produce blood bags using indigenous technology. In 1989, Penpol started exporting and followed it up it by setting up an R&D centre.
In 1999, Tokyo-based Terumo Corporation signed a contract to acquire a 74% share of Peninsula Polymers Limited, and the new joint venture was renamed as Terumo Penpol Limited (TPL). The stake of financial institutions and other investors bought over by Terumo, leaving only the promoters and itself as shareholders.
Operations
Terumo Penpol has its headquarter in ThiruvananthapuramThiruvananthapuram
Thiruvananthapuram , formerly known as Trivandrum, is the capital of the Indian state of Kerala and the headquarters of the Thiruvananthapuram District. It is located on the west coast of India near the extreme south of the mainland...
, Kerala
Kerala
or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....
and employs 822 people. Terumo Penpol Blood Bags are sold in over 64 countries across the world and its medical equipment division has commissioned more than 7500 installations. TPL has entered its 25 year of operations in 2010, with an enhanced production capacity of 14.8 million blood bags per annum.
TPL has been winning the top exporter award or the second best exporter award for medical disposables every year from 1994 onwards.