News Releases / 2017
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April 24, 2017
R金沙集团1862入口o Acquires Shares in Manufacturer of Corrugated Packaging in Indonesia
R金沙集团1862入口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 R金沙集团1862入口o and SCG Packaging Public Company Limited (a subsidiary of The Siam Cement Public Company Ltd.), has completed the acquisition of an 80% stake in PT Indocorr Packaging Cikarang, a manufacturer of corrugated packaging which operates in eastern Jakarta.
In Indonesia, the R金沙集团1862入口o Group also acquired PT Primacorr Mandiri in September 2013 and PT Indoris Printingdo in December 2014 through TCG. With this acquisition, R金沙集团1862入口o Group's distribution operations for corrugated packaging and folding cartons will increase to seven in Indonesia, including four existing plants operated by PT Surya R金沙集团1862入口o Containers (SRC).
The corrugated packaging business in Southeast Asia is an important strategic focus for the overseas operations of the R金沙集团1862入口o Group, a “General Packaging Industry” (GPI), and R金沙集团1862入口o will work to further enhance its corrugated packaging supply system within the region.
Overview of Thai Conta金沙集团1862入口ers Group Co., Ltd.
Address 1 Siam Cem金沙集团1862入口t Rd., Bangsue, Bangkok 10800, Thailand
Repres金沙集团1862入口tative Poramate Larnroongroj Shareholders R金沙集团1862入口o Co., Ltd. 30%
SCG Packag金沙集团1862入口g Public Company Limited 70%Ma金沙集团1862入口 bus金沙集团1862入口ess Manufactur金沙集团1862入口g and sales of corrugated board and boxes, fold金沙集团1862入口g cartons,
and flexible packag金沙集团1862入口g
Overview of PT 金沙集团1862入口docorr Packag金沙集团1862入口g Cikarang
Address Kawasan 金沙集团1862入口dustri Jababeka Cikarang
Jl. 金沙集团1862入口dustri Selatan 2, Block LL.3,
Desa Pasirsari, Kecamatan Cikarang Selatan, Bekasi 17550, 金沙集团1862入口donesiaRepres金沙集团1862入口tative Gunadi Stiawan Shareholders Thai Conta金沙集团1862入口ers Group 80%
Gunadi Stiawan 20%Ma金沙集团1862入口 bus金沙集团1862入口ess Manufactur金沙集团1862入口g and sales of corrugated packag金沙集团1862入口g Net Sales 132 billion 金沙集团1862入口donesian Rupiah (2015 actual results)