Velvin Group and Rengo of Japan form joint venture for corrugation unit in Tamil Nadu

Velvin Group and Japan's Rengo Co announced a joint venture for an upcoming corrugation unit in Cheyyar, Tamil Nadu, India. Rengo takes a 30% equity stake, and Velvin Containers will be renamed Velvin Rengo Containers Private Limited.

“Due to Rengo's 30% equity participation, the company will change its name from Velvin Containers Pvt Ltd to 'Velvin Rengo Containers Private Limited.'”packagingsouthasia.com

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• packagingsouthasia.comVelvin partners with Rengo Japan for corrugation unit in Tamil Nadu - Packaging South AsiaNov 18, 2023

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