Starflex and Thai Union Graphic form joint venture to build flexible packaging factory

Starflex PCL and Thai Union Graphic signed an MOU for a joint venture with registered capital of THB 250 million, with Starflex holding 51% and Thai Union Graphic 49%, initially to build a factory producing flexible packaging mainly for food.

“The new company will be registered with a capital of THB 250 million and Starflex and Thai Union Graphic will each hold 51 percent and 49 percent of ordinary shares respectively.”thaiunion.com

• 1 source
• thaiunion.comStarflex and Thai Union to establish a new joint venture | Thai UnionSep 30, 2021

Summarized from public sources; check the original articles before acting on it.