News Release

Japan Pulp and Paper Company Limited hereby announce the establishment of a new representative office in Ho Chi Minh City, Vietnam.

In Vietnam, the growth of apparel and other manufacturing and processing industries has been remarkable, with the number of Japanese companies entering the market also increasing. Moreover, due to stable economic growth and an increasing population, the consumption of paper and paperboard is also expanding.

In addition to its exports from Japan and the trilateral trade it conducts with Vietnam, JP also has an established representative office in Hanoi to the north, and operates a recycled household paper manufacturing business through Group company, JP Corelex Vietnam. Furthermore, JP has also been conducting market research in the south of the country through the representative office of another of its subsidiaries, JPP Far East (JPPFE), in Ho Chi Minh City.

With this background in mind, JP decided to open a new representative office under its direct control in Ho Chi Minh, Vietnam’s largest city and economic center, and integrate the functions of the existing office operated by JPPFE. By collectively managing its economic and market research activities, JP will strengthen the Group’s structure throughout Vietnam and work to identify further business opportunities in the country.