Thai Nippon Rubber Industry Public Co., Ltd. Report the Status of Significant Commercial Contract
November 12, 2021 at 05:51 am EST
Share
Thai Nippon Rubber Industry Public Company Limited notify that the Company received a notice dated 5 November 2021 from Products Licensing LLC which purports to terminate the Product License Agreement between Products Licensing LLC and the Company dated as of 1 April 2010, as amended, to design, manufacture, advertise, promote, sell, and distribute certain condoms and non-medical personal lubricants bearing and sold in connection with the Playboy Properties.
Thai Nippon Rubber Industry Public Co., Ltd. is a Thailand-based company, which is engaged in manufacturing and distributing condoms and lubricating gels, including manufacturing paper packaging products. The Company has the ONETOUCH brand and other trademarks under the Company's license, selling both domestically and internationally through distribution to modern, traditional stores and online stores. It offers condoms in a variety of styles, including size, texture, color, smell and packaging. It also offers condoms with special characteristics, such as benzocaine. The Company produces condoms and lubricant (OEM) according to the needs of both domestic and international customers with customers all over the world. The Companyâs subsidiaries include Box Asia Group International Co., Ltd; TNR (Beijing) Trading Co., Ltd; TNR USA Inc; and TNR Bioscience Co., Ltd.