Oji group to build new corrugated container plant in Malaysia

Economy

Major Japanese paper manufacturer Oji Holdings Corp. has announced a plan to construct its 10th corrugated container plant in Malaysia. Oji said Tuesday its wholly owned local subsidiary, GS Paperboard & Packaging Sdn. Bhd., will build the new plant in the western coastal state of Selangor at a total investment cost of about 5 billion yen ($47.7 million). The plant will begin operations in June 2022. It will boost Oji's corrugated container production capacity by about 15 percent in Malaysia, where the company has a market share of around 30 percent. Oji has been expanding its corrugated conta...

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