November 30, 2021 Public Relations and Investor Relations Department Corporate Governance Division Oji Holdings Corporation https://www.ojiholdings.co.jp/english
Announcement of establishment of new corrugated container plant in Vietnam
Oji Holdings Corporation (President: Masatoshi Kaku, Head Office: Chuo-ku, Tokyo) has decided to establish a new corrugated container plant in northern province of Vinh Phuc, Vietnam.
1. Corrugated container business in Vietnam
Oji group set "expansion of overseas business" as one of the major pillars to strive towards the realization of an innovative value-creating company.
Our group is operating 5 corrugated container plants in Vietnam (3 in North & 2 in South), and currently
3rd plant in South is under construction. Oji group will further to expand business by establishing the new 4th plant in North where demand growth is expected.
The new plant will be Oji group's 36th corrugated container plant in South East Asia, India and Oceania.
2. Overview of the new plant
Local subsidiary | Ojitex Haiphong Co., Ltd. |
Shareholder | Oji Group (100%) |
Planned location | Thang Long Industrial Park(Vinh Phuc) |
Vinh Phuc province, Vietnam | |
Planned land size | 63,000 m2 (approximately) |
Planned production capacity | 7 million m2 / month (approximately) |
Planned investment | JPY 5 billion (approximately) |
Planned commencement of operation | Jul 2023 |
Contact
Akio Hasebe
Executive Director, General Manager of Company Planning & Management Division
Oji Industrial Materials Management Co., Ltd.
Phone: +81-3-5550-3064
Public Relations and Investor Relations Department,
Oji Holdings Corporation
Phone: +81-3-3563-4523 Email: oji-holdings@oji-gr.com
[Packaging Business Sites in Southeast Asia, India & Oceania]
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Oji Holdings Corporation published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 04:10:01 UTC.