From ChinaPackNet By CPN

Published : 2005-3-3

Thong Guan Industries, Asia-Pacific`s largest stretch film producer, is to spend $9
million on the expansion of its plastics packaging operations in China and Malaysia,
including the construction of a new $5m plant in Suzhou, China.
The new plant will produce stretch films and industrial bags for the domestic market in
China and the company expects the new facility to push its Chinese contribution to
group revenue up 35 per cent in 2006 from the current 20 per cent.
A further $4m will be used to add production lines to boost plastics packaging capacity
at Thong Guan`s Sungai Petani plant.

Published : 2005-3-3 9:24:57