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Acquisition of corrugated container manufacturer in Malaysia

Malaysia

In February 2016, Marubeni signed an agreement to acquire 100% of the shares of the Malaysian corrugated container manufacturer, Dazun Paper Industrial Company Sdn. Bhd. (“Dazun”) through GS Paper & Packaging Sdn Bhd (“GSPP”, investment ratio: Marubeni 25%, Oji Holdings 75%), jointly with HPI Resources Bhd. (“HPI”), a Malaysian subsidiary of Oji. After this acquisition, GSPP and HPI each own 50% of Dazun’s shares.
Dazun’s plant is located near Kuala Lumpur, and together with GSPP’s Selangor plant, Marubeni will strengthen its business base in the central market, which is the main consumption area of corrugated containers in Malaysia.
With Oji, Marubeni jointly holds packaging manufacturing bases in Malaysia, India, and Myanmar. By effectively using these management assets, Marubeni will aim to further expand business in Asia where rapid economic growth is expected to continue.

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New joint venture for starting a corrugated container business in Myanmar

Myanmar

  • GSPP in MalaysiaGSPP in Malaysia

Through the group company GS Paper & Packaging Sdn Bhd ("GSPP") in Malaysia, Marubeni has created a joint venture Oji GS Packaging (Yangon) Co. with a local partner to start a corrugated container business in Mingaladon Industrial Park, which is located in the suburbs of Yangon, Myanmar, and began commercial production in May 2015.
Myanmar has a population of 60 million and a relatively large market. Many foreign-affiliated companies, including Japanese companies, are currently extending their businesses into Myanmar, a country with abundant natural resources as well as a domestic demand that is expected to expand due to economic growth. Considering these circumstances, Marubeni forecasts an increase in demand for high-quality corrugated container products from foreign-affiliated companies, including Japanese companies. This new joint venture company will respond to the demand by utilizing well-equipped and modernized converting facilities in Myanmar, putting it ahead of its competitors.
Marubeni opened a branch office in Yangon in 1942, and has contributed to the further development of the economy for over 70 years through the establishment of power plants and the development of resources. A liaison office was also opened in Naypyitaw in 2012 with the aim of providing close follow-up for business in Myanmar.

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Sales of wooden biomass fuel

Australia

  • Shipment of chips
  • Logging operation

Marubeni supplies eco-friendly energy as a substitute for fossil fuels.
Marubeni trades about 2.3 million tons of wood chips a year for paper material. Building on this performance, Marubeni will also import and sell wood chips and pellets for wood-based biomass fuel.

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