Asia Pulp & Paper and Oji Holdings form $35M corrugated packaging JV in Indonesia

PT Purinusa Ekapersada, an Asia Pulp & Paper company, and Oji Holdings agreed to a US$35 million joint venture, PT Oji Sinar Mas Packaging, to build a corrugated packaging factory in Bekasi City, West Java, expected online in January 2020 with output of 5,000 tons of cardboard per month.

“PT Purinusa Ekapersada, an Asia Pulp & Paper company, and Oji Holdings Corporation have agreed to enter into a US$35 million joint venture to set up a new converting factory in Indonesia.”papnews.com

• 1 source
• papnews.comAPP signs corrugated container joint venture agreement with Japan’s Oji Holdings - PapnewsDec 14, 2018

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