Rengo : Subsidiary Jiangsu Zhongjin Matai Medicinal Packaging Co., Ltd., Expands Facilities with New Factory
June 06, 2016 at 05:24 am EDT
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June 1, 2016
Rengo Subsidiary Jiangsu Zhongjin Matai Medicinal Packaging Co., Ltd., Expands Facilities with New Factory
Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that its overseas consolidated subsidiary Jiangsu Zhongjin Matai Medicinal Packaging Co., Ltd., which manufactures and sells pharmaceutical packaging materials in China's Jiangsu Province, has expanded its Head Office factory site with a new plant for the manufacture of the aluminum for PTP (Press Through Packages) used as tablet and capsule packs.
PTP aluminum is already established as one of the subsidiary's core product lines, but with the addition of a new factory equipped with the latest and most advanced facilities, it will be seeking to further improve quality and strengthen production capacity with a view to business expansion in the Chinese pharmaceutical market, which continues to show marked growth.
Outline of new factory
Location
Lianyungang Economic and Technological Development Zone, Jiangsu Province, China
Floor area
9,915m
Main facilities
Printing and coating machines 2 units
(2 further units to be installed by the end of this year)
Slitters 2 units
(2 further units to be installed by the end of this year)
Outline of Jiangsu Zhongjin Matai Medicinal Packaging Co., Ltd.
Head Office location
Lianyungang Economic and Technological Development Zone,
Jiangsu Province, China
Chairman
Takayoshi Sakurai
Capital
RMB 120 million
Main shareholder
Nihon Matai Co., Ltd. (75.5％)
Main Business
Manufacture and sale of pharmaceutical packaging materials
Net Sales
7,913 million yen (fiscal year ended December 31, 2015)
Number of Employees
483
Rengo Co. Ltd. published this content on 01 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 June 2016 09:24:08 UTC.
Original documenthttp://www.rengo.co.jp/english/news/2016/16_e_news_011.html
Public permalinkhttp://www.publicnow.com/view/9891D9489CDC7DA3445A56BE27B6283AB848BDAD
Rengo Co., Ltd. is a paper box manufacturer. The Cardboard and Paper Processing-related segment manufactures and sells paperboard, corrugated board and corrugated boxes in domestic markets. The Soft-type Packaging-related segment manufactures and sells soft-type packaging products and cellophane in domestic markets. The Heavy Duty Packaging-related segment manufactures and sells heavy duty packaging products in domestic markets. The Overseas-related segment manufactures and sells paperboard, corrugated board, corrugated boxes, soft-type and heavy duty packaging products in overseas markets. The Others segment is engaged in the manufacture of nonwoven cloth, the logistic business, insurance agency business, lease business and real estate business.
RENGO CO., LTD. 
