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Rengo Starts up Second Containerboard Line at JV Vina Kraft Mill in Vietnam

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Rengo Co., Ltd. (Kita-ku, Osaka, Japan) has announced the successful startup of the second production line at Vina Kraft Paper Co., (Binh Duong Province, Vietnam), its joint venture containerboard mill in Vietnam.

Vietnam is a growing country in the ASEAN region, with 2016 GDP growth estimated at 6.1%, according to the October 2016 IMF World Economic Review. Demand for containerboard is expanding at the same pace. With this new capacity, as well as optimization of the first paper production line, Vina Kraft Paper adds 243,500 metric tpy to its portfolio, bringing the total capacity to 489,000 metric tpy.

In addition, with its strong commitment to sustainability, Vina Kraft Paper puts environmental awareness at the forefront. The new facility features an environmentally friendly self-sufficient co-generation power plant, a raw material preparation line, and a high-standard effluent treatment plant.

Vina Kraft Paper will maintain its leading position in Vietnam’s containerboard market and aim for sustainable growth in the country with high quality products. 

Rengo Group notes that Southeast Asia is an important strategic location for the company, a "General Packaging Industry" (GPI). As overseas operations are considered one of its core businesses, Rengo Group says it will work to further enhance its presence in the rapidly developing market of Vietnam.

 

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