GUNZE LIMITED (Head office: Kita-ku, Osaka, President: Atsushi Hirochi) announced that it has established a new company in Socialist Republic of Vietnam to respond to the global demand centered on the ASEAN area where the growth of plastic films is remarkable. By increasing the production facility of plastic film in the ASEAN area, further sales expansion of differentiated products such as hybrid styrene film, which is growing mainly in toiletry applications, in the global market will be planned.
Rendering image of the facility
1.Purpose of establishment
- (1) To establish local production and consumption system in the ASEAN area
- (2) To enhance production capacity globally
2.Outline of the new company
- Company name
- Gunze Plastics & Engineering of Vietnam Co., Ltd.
- Capital
- 12 million US dollars
- Investment ratio
- GUNZE LIMITED 100%
- Location
- Socialist Republic of Vietnam
No. 9 VSIP II-A Hoa Binh Road, Vietnam Singapore Industrial Park II-A, Vinh Tan Commune, Tan Uyen Town, Binh Duong Province, Vietnam
(About 1 hour by car from Ho Chi Minh City, within VSIP II Expansion Industrial Park)
- Business contents
- Shrink film manufacturing and sales
- Officer
- Chairman-Takahiro Oka
Representative Director President- Akio Sato
- Date of establishment
- July 23, 2018
- Operation start date
- Scheduled for January 2020
- Business plan
- Sales approximately 1.5 billion yen in fiscal 2020
Inquiries:
- Inquiries from media
-
Gunze Limited
Public Relations IR Office
TEL： 81-6-6348-1314 (Yanagisawa · Nishimura ) - Inquiries from general customers
- Plastic Film Company
TEL： 81-3-3276-8712