May 21, 2014. /Lesprom Network/. Rengo Co., Ltd. announces that Thai Containers Group Co., Ltd. (TCG), a joint venture between Rengo and SCG Paper Public Company Limited has completed an investment for a 22% stake in Prepack Thailand Co., Ltd. (Prepack), a leading flexible packaging manufacturer in Thailand, through TCG’s subsidiary.

Prepack operates two factories in Samut Songkram province and Rayong province with annual production volume of 14,000 tons. The investment in Prepack is a key step for Rengo’s global strategy in flexible packaging business.

Furthermore, TCG is constructing a flexible packaging factory in Vietnam with annual production volume of 3,000 tons. The new factory is expected to commence operation by June 2014.