May 11, 2015. /Lesprom Network/. Rengo announces that Vina Kraft Paper, its joint venture containerboard mill in Vietnam, has decided to proceed with construction of additional containerboard capacity.

Vietnam’s 2014 demand for containerboard was estimated at 1.3 million tons, and is forecast to expand approximately 6-10% due to an influx of export-oriented foreign direct investments and a growing consumer base.

With this new capacity, Vina Kraft Paper will maintain its leading position in Vietnam’s containerboard market and aim for sustainable growth in the country. Furthermore, it will also strengthen its integrated production system from containerboard to corrugated packaging.