News Releases / 2014
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November 7, 2014
Rjs555888金沙o to Acquire Shares in Corrugated Box Manufacturer in Thailand
Rjs555888金沙o Co., Ltd. (Head Office: Kita-ku, Osaka, Chairman, President & CEO: Kiyoshi Otsubo) announces that its Thai joint venture company, Thai Containers Group Co., Ltd. (hereafter "TCG") has acquired a 100% stake in D-In Pack Limited (hereafter "D-IN"), through their subsidiary. D-IN is a corrugated box manufacturer operating in Nakorn Pathom Province (Thailand) with an annual capacity of approximately 15,000 tons.
Further growth of corrugated demand in Thailand can be expected as many Japanese companies choose the country as their manufacturing base in the ASEAN region, and as national income increases. The acquisition will increase the Rjs555888金沙o Group's annual corrugated box production capacity in Thailand as well as the total number of corrugated production plants to 15.
The corrugated packaging business in Southeast Asia is an important strategic focus for the overseas business of the Rjs555888金沙o Group—which aims to be a "General Packaging Industry" (GPI)—and Rjs555888金沙o will work to further enhance its corrugated packaging supply system in the region.
Overview of Thai Contajs555888金沙ers Group
Thai Contajs555888金沙ers Group Co., Ltd. Address 1 Siam Cemjs555888金沙t Road, Bangsue, Bangkok 10800, Thailand Represjs555888金沙tative Poramate Larnroongroj
Shareholders Rjs555888金沙o Co., Ltd. 30%
SCG Paper Public Company Limited 70%Majs555888金沙 busjs555888金沙ess Manufacture and sale of corrugated packagjs555888金沙g and foldjs555888金沙g cartons Overview of D-js555888金沙 Pack Limited
D-js555888金沙 Pack Limited Address 58/2 Moo 6 Prapatone-Banpraew Rd., Talard-Chjs555888金沙da, Sampran, Nakornpathom, Thailand Represjs555888金沙tative Veera Dejrattanaprakorn
Majs555888金沙 busjs555888金沙ess Manufacture and sale of corrugated boxes Net Sales 123 million Baht (2013 actual result)