Taiyo Nippon Sanso (TNSC) has embarked on a new joint venture with Shanghai Shenwei Medical Gas Co., Ltd., to form a Chinese subsidiary.
The new subsidiary, Taiyo Nippon Sanso Shenwei (Shanghai) Medical Gas Co., Ltd., will engage in the sale of oxygen for use in home medical care, as well as related services.
The oxygen market for use in at-home medical care in Shanghai and the surrounding region is growing at a high pace.
With a view to efficiently engage this market, TNSC established the new subsidiary through a joint investment with Shanghai Shenwei Medical Gas Co., Ltd., which possesses an extensive marketing network for medical-use
gases in the region.
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