Rengo's Thai joint venture company, Thai Containers Group Co., Ltd. has acquired a 100% stake in D-In Pack Limited ("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.
ByLesprom Network
Nov 18, 2014. /Lesprom Network/. Rengo's Thai joint venture company, Thai Containers Group Co., Ltd. has
acquired a 100% stake in D-In Pack Limited ("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, as the company said in the press release
received by Lesprom Network.
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 Rengo Group's annual corrugated box production capacity in Thailand as well as the
total number of corrugated production plants to 15.
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