OJIPAPER Boosting Corrugated Market Share In Japan
The acquisition of Mori Shigyo,the third largest corru gated board producer in Japan , was completed in December 2005. The company manufactured 1323 million sqm of corrugated board in 2004, representing 9.8% of the domestic market, while Ojimade 1973 million sqm, giving it a 14.5% share. The acquisition boosts Oji’smarket share to 24.3%, not far behind the current leader, Rengo(25%).
Established in 1949, the Tokyo based company produces printing, writing and related papers; packaging and wrapping papers; carbonless papers; household products; container board and boxboard. Production and sales of such end-use products such as corrugated board and boxboard containers; paper-board containers; plastics; thermal paper; self-adhesive paper and disposable paper diapers. www.ojipaper.co.jp.
History of The Day
(17–19) Carrier aircraft of Task Force 38 strike targets on Luzon. - 17th October 1944