News Releases / 2021

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  • August 20, 2021

    Rengo Acquires Shares from Corrugated Packaging Manufacturers in Indonesia

    Rengo Co., Ltd. announces that its joint venture in Thailand, Thai Containers Group (hereinafter, "TCG"), has acquired 75% of the shares in Indonesian corrugated packaging manufacturers PT Intan Ustrix (PT Indonesia Dirtajaya Aneka Industri Box), PT Bahana Buana Box, and PT Rapipack Asritama (hereinafter, these three companies are referred to as the "Intan Group") respectively through TCG Solutions Pte. Ltd, TCG's subsidiary.
    The Intan Group is a leading corrugated packaging manufacturer group with four corrugated packaging factories in the suburbs of Surabaya in the eastern part of Java Island, the suburbs of Semarang in the central part, the suburbs of Jakarta in the western part, and the northern part of Sulawesi Island.
    The Rengo Group has four corrugated packaging factories owned by PT Surya Rengo Containers, a joint venture with PT Indofood CBP Sukses Makmur Tbk, a major food company, and three corrugated packaging factories through TCG in Indonesia. Through the acquisition of shares this time, the Group will have 11 corrugated packaging factories in total.
    The business in Southeast Asia, including that of Indonesia, has been positioned as an important strategic focus for the overseas operations of the Rengo Group as the General Packaging Industry (GPI), and we will continue to drive further enhancement of our business in the future.

    Overview of Thai Containers Group Co., Ltd.

    Address

    1 Siam Cement Rd., Bangsue, Bangkok 10800, Thailand

    Representative Suchai Korprasertsri
    Shareholders Rengo Co., Ltd. 30%
    SCG Packaging Public Limited Company 70%
    Main business Manufacturing and sales of corrugated packaging and folding cartons, and flexible packaging

    Overview of PT Indonesia Dirtajaya Aneka Industri Box

    Address

    JL. Raya Roomo No.425, Desa Roomo, Kecamatan Manyar, Gresik, Jawa Timur 61151, Indonesia

    Representative Chowalit Meechow
    Shareholders TCG Solutions 75%
    Main business Manufacturing and sales of corrugated packaging

    Overview of PT Bahana Buana Box

    Address

    JL. Raya Semarang-Demak KM.16, Desa Batu, Kec. Karangtengah, Demak, Jawa Tengah 59561, Indonesia

    Representative Chowalit Meechow
    Shareholders TCG Solutions 75%
    Main business Manufacturing and sales of corrugated packaging

    Overview of PT Rapipack Asritama

    Address

    BIIE Blok C10 No.3–3A Lippo Cikarang, Bekasi, Jawa Barat 17550, Indonesia

    Representative Chowalit Meechow
    Shareholders TCG Solutions 75%
    Main business Manufacturing and sales of corrugated packaging

    Site Map for the Intan Group

    Site Map for the Intan Group