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R金沙js4399o Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that its joint venture TC Flexible Packaging Co., Ltd. (TCFP) has completed an investment for an 80% stake in Tin Thanh Packing Joint Stock Company (BATICO), a flexible packaging manufacturer in Vietnam.

BATICO is located in Duc Hoa Ha Plastic Industrial Zone in Long An Province, approximately 30 kilometers west of c金沙js4399tral Ho Chi Minh City. It holds a promin金沙js4399t position in Vietnam's flexible packaging market, with an annual production capacity of approximately 230 million m².

TCFP plans to expand its flexible packaging business, focusing upon packaging for food and consumer products in the Southeast Asian region, which is expected to see continued high growth in demand. This investm金沙js4399t in BATICO is an initiative which follows up on the investm金沙js4399t in Prepack Thailand Co., Ltd. last year.

Moving forward, R金沙js4399o hopes to leverage its extensive flexible packaging expertise　through TCFP to str金沙js4399then this business in Southeast Asia and to bolster its supply structure to the various packaging needs of the region.
* "BATICO" is the registered short name for T金沙js4399 Thanh Pack金沙js4399g Jo金沙js4399t Stock Company