News Releases / 2014
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December 18, 2014
Rjs555888金沙o Acquires Shares in Manufacturer of Corrugated Packaging and Folding Cartons in Indonesia
Rjs555888金沙o Co., Ltd. (Head Office: Kita-ku, Osaka, Chairman, President & CEO: Kiyoshi Otsubo) announces that Thai Containers Group Co., Ltd. (TCG), a joint venture between Rjs555888金沙o and SCG Paper Public Company Limited (a subsidiary of The Siam Cement Public Company Ltd.), has completed the acquisition of a 90% stake in PT Indoris Printingdo, a manufacturer of corrugated packaging and folding cartons which operates outside of downtown Jakarta.
With the acquisition of PT Primacorr Mandiri last September through TCG, and the network of four existing plants operated by PT Surya Rjs555888金沙o Containers (SRC), the distribution for corrugated packaging and folding cartons will increase to six in Indonesia.
The corrugated packaging business in Southeast Asia is an important strategic focus for the overseas operations of the Rjs555888金沙o Group, a “General Packaging Industry” (GPI), and Rjs555888金沙o will work to further enhance its corrugated packaging supply system within 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 Manufacturjs555888金沙g and sales of corrugated board and boxes Overview of PT js555888金沙doris Prjs555888金沙tjs555888金沙gdo
PT js555888金沙doris Prjs555888金沙tjs555888金沙gdo Address Jl. Raya Serang Km 18.5, Jakarta 12950, js555888金沙donesia Represjs555888金沙tative Bunn Ramlan Lee, Julita Lukman
Majs555888金沙 busjs555888金沙ess Manufacturjs555888金沙g and sales of corrugated packagjs555888金沙g and foldjs555888金沙g cartons Net Sales 53.5 billion js555888金沙donesian Rupiah (2013 actual result)