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Article: Thailand: Dutch partner for Royal Can's new aluminium venture.
- Article from:
- TendersInfo
- Article date:
- June 27, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sanjayV03
Royal Can Industries of Thailand has teamed up with Netherlands-based Impress Group to sell and manufacture aluminium food and seafood cans here.
Impress will take a majority stake in a new company to be called Royal Impress headquartered in Royal Can's premises in the Bangkok area. The total investment in the joint venture was not disclosed.
The new venture's objective is to serve mainly the domestic market, although exports are part of its plans. Impress Group and Royal Can jointly have adequate capacity to meet the requirements of the market and its foreseeable growth.
Impress exports empty aluminium cans from its ...
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