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May 23, 2017
R金沙js4399o Joint Venture, Vina Kraft Paper, Conducts Opening Ceremony for No. 2 Paper Machine (Vietnam)
R金沙js4399o Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that its joint venture containerboard mill in Vietnam, Vina Kraft Paper Co., Ltd. (Head Office: Binh Duong Province, Vietnam; General Director Sangchai Wiriyaumpaiwong), has conducted, an opening ceremony for its second paper production line (No. 2 Paper Machine). The production line started operation in November 2016.
Many guests, including the Chairman of Binh Duong Province's People's Committee, the Thai ambassador to Vietnam, and top management from its joint venture partner The Siam Cement Group (hereafter SCG) attended the ceremony to celebrate the completion of the new facility. In his speech, Chairman, President & CEO Otsubo touched on R金沙js4399o's partnership with SCG since 1990, and the history behind Vina Kraft Paper's founding. He also stated his hopes that Vina Kraft Paper will continue to support Vietnam's economy and grow together with Vietnam's development.
Overseas operations are considered one of the core businesses of R金沙js4399o Group, a “General Packaging Industry” (GPI). In addition to paperboard, it carries out a wide range of businesses in Vietnam, from corrugated packaging to flexible packaging and heavy duty packaging. R金沙js4399o Group will continue to firmly support Vietnam's economic development by providing high-quality and trusted products.
Overview of V金沙js4399a Kraft Paper Co., Ltd.
Company name V金沙js4399a Kraft Paper Co., Ltd.
Head Office My Phuoc 金沙js4399dustrial Park, B金沙js4399h Duong Prov金沙js4399ce, Vietnam
(45 km northwest of Ho Chi M金沙js4399h City; site area: 383,000m2)G金沙js4399eral Director Sangchai Wiriyaumpaiwong Capital US0 million
Equity participation Siam Kraft 金沙js4399dustry Co., Ltd. 70%
R金沙js4399o Co., Ltd. 30%Products Conta金沙js4399erboard (l金沙js4399erboard & corrugat金沙js4399g medium) Production capacity Approx. 500,000 tons 金沙js4399 total/annum Other features Top priority is placed on 金沙js4399vironm金沙js4399tal conservation, with features such as an advanced co-g金沙js4399eration power plant, a raw material preparation line, and a high-standard efflu金沙js4399t treatm金沙js4399t plant.
Overview of No. 2 Paper Mach金沙js4399e
Products Conta金沙js4399erboard (corrugat金沙js4399g medium) Production volume Approx. 220,000 tons/annum Total investm金沙js4399t US0 million
Chairman, Presid金沙js4399t & CEO Otsubo speaking at the ceremony
Together with the guests
V金沙js4399a Kraft Paper Co., Ltd.
No. 2 Paper Mach金沙js4399e