Industry News

CCL Industries Announces Creation of CCL Taisei Tube JV in Asia

Will build a new plastic tube manufacturing and decorating plant in Bangkok

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. announced that it has signed a binding agreement to build a new plastic tube manufacturing and decorating plant in Bangkok, Thailand in partnership with Taisei Kako Co., Ltd., a leading Japanese producer of specialty plastic containers for the personal care and pharmaceutical markets headquartered in Osaka. Between them, the partners will invest a total of US$5 million in equity to start the joint venture with initial capacity provided through equipment transfers from exis...

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