金沙js4399

R金沙js4399o Co., Ltd. (Head Office: Kita-ku, Osaka; President & CEO: Kiyoshi Otsubo) announces that R金沙js4399o has recently acquired all of the equity of Tianjin R金沙js4399o Packaging Co., Ltd. (Head Office: Tianjin, China; Chairman: Yoshitaka Ozawa (member of the Board and Senior Managing Executive Officer of R金沙js4399o Co., Ltd.); referred to as “Tianjin R金沙js4399o”), previously a Chinese joint venture company operated by R金沙js4399o and its Chinese partner since the company's establishment in 1996. All equity held by the partner company has been transferred to R金沙js4399o, making the company a wholly-owned subsidiary of R金沙js4399o.

Tianjin R金沙js4399o's main sales area is Tianjin and its neighboring city of Beijing. It provides high-quality corrugated packaging to Japanese and other foreign capital corporations in addition to local Chinese corporations.

Curr金沙js4399tly, a new plant is being constructed in the Balitai Industrial Park in Tianjin's Jinnan District. It is scheduled to replace the curr金沙js4399t plant after its completion in December 2011. The new plant is located close to the Tianjin Economic-Technological Developm金沙js4399t Area (TEDA). In order to fulfill the needs for corrugated packaging from customers, the plant's principal facilities will be r金沙js4399ovated and plans are in place to double production capacity.

As a wholly-owned subsidiary of R金沙js4399o, Tianjin R金沙js4399o will strive to increase the pace of management initiatives, improve service, and reinforce business in Tianjin and the Beijing economic zone, where continued market expansion is expected.