Expansion of Functional Materials into Midstream and Downstream Businesses

「Expected start of commercial production: April 2029 Production capacity: three times the current level」

「At the Shiga Plant of 王子エフテックス, the company has been expanding production facilities for polypropylene film used in capacitors for motor drive control systems in electric vehicles, and its 4th manufacturing line began operating in January 2025. At the Nakatsu Plant of the same company, it will carry out expansion work to increase production capacity approximately threefold in response to growing demand for cellulose-based pressboard for transformers.」

「Overseas, the company is expanding sales of thermal products in the global market and strengthening competitiveness, including through printing and converting. In Brazil, it doubled production capacity to meet strong demand for thermal paper in South America, and expanded thermal paper production facilities in Germany in January 2024. In September 2022, it acquired the Adampak group, a high-performance label printing and converting company with operations in 6 countries in Southeast Asia and China.」

「In September 2022, the company acquired the Adampak group, a high-performance label printing and converting company with operations in 6 countries in Southeast Asia and China. It expanded its lineup of high-performance label products for electrical and healthcare products, which are expected to see continued growth in Asia, and established an integrated production system from base paper through converting.」

「Overseas, the company carried out equipment expansion and construction work in Brazil that nearly doubled production capacity to meet strong demand for thermal paper in South America, and began operations in January 2022. It also decided to expand thermal paper production facilities in Europe, scheduled to begin operating in January 2024.」

「Overseas, the company carried out equipment expansion and construction work in Brazil that nearly doubled production capacity to meet strong demand for thermal paper in South America, and began commercial operations in January 2022. In response to growing demand accompanying economic development in emerging markets in Southeast Asia, South America, the Middle East and Africa, the company will expand into new business areas based on its core technologies, including papermaking, paper converting such as coating and adhesive processing, and film forming.」

「As part of its collaboration with Mitsubishi Paper Mills Limited, the company transferred its carbonless paper business in September 2020 and acquired the pressboard business in October 2021.」

「For thermal paper and self-adhesive paper, the core businesses in Southeast Asia, the company is strengthening its upstream business of base-paper production and sales by advancing an integrated materials-and-converting business through the M&A of a downstream company in Malaysia that converts, prints and sells thermal paper and self-adhesive paper. It is also expanding its business domain by accurately identifying end-user needs in a timely manner.」

「In Brazil, the company decided to carry out equipment expansion and construction work that would nearly double production capacity to meet strong demand for thermal paper in South America. Completion was scheduled for December 2021.」

「Thermal paper and self-adhesive paper, the core businesses in Southeast Asia, had previously been upstream operations. Using a Malaysian printing, converting and sales company acquired in recent years as a base, the company is expanding into downstream operations by accurately identifying end-user needs in a timely manner. In Myanmar, it is expanding sales of labels for consumer products such as food and operating a flexible packaging business for consumer products such as films.」

「In addition, the company increased the production capacity of Oji Papéis Especiais Ltda. in Brazil by approximately 10% to meet strong demand for thermal paper in South America.」

「Overseas, Tele-Paper (M) Sdn. Bhd. of Malaysia, which had recently joined the group, contributed to earnings growth. Sales volumes of thermal paper also increased year on year in South America and Southeast Asia.」

「In Myanmar, the company began expanding sales of labels for consumer products such as food and commercial production of flexible packaging for consumer products such as films in September 2017. In Brazil, it increased the production capacity of Oji Papéis Especiais Ltda. by approximately 10% to meet strong demand for thermal paper in South America.」

「In Myanmar, the company began commercial production of flexible packaging for consumer products such as films in September 2017, in addition to expanding sales of labels for consumer products such as food. In Brazil, it increased the production capacity of Oji Papéis Especiais Ltda. by approximately 10% to meet strong demand for thermal paper in South America.」

「The functional materials business in Southeast Asia had been focused primarily on upstream operations such as thermal paper and self-adhesive paper. In 2016, the company acquired Hyper-Region Labels Sdn.Bhd., which manufactures and sells printed and converted products in Malaysia, thereby entering the midstream and downstream businesses. In August 2017, it also completed the acquisition of shares in Tele-Paper (M) Sdn.Bhd., which manufactures and sells thermal paper and carbonless paper in Malaysia. By expanding its midstream and downstream businesses from these locations, the company will strengthen new business development and new product development by accurately identifying end-user needs in a timely manner and integrating its upstream, midstream and downstream operations. In Myanmar, it planned to begin commercial production of flexible packaging for consumer products such as films in the second half of 2017, in addition to expanding sales of labels for consumer products such as food. In Brazil, Oji Papéis Especiais Ltda. was increasing production capacity by approximately 10% to meet strong demand for thermal paper in South America.」

「In May 2016, the company acquired a 60% stake in Hyper-Region Labels Sdn.Bhd., which manufactures and sells printed and converted products in Malaysia, and its affiliates, thereby entering the midstream and downstream businesses in Southeast Asia for the first time. It will continue expanding its midstream and downstream businesses from this company as a base.」

「The functional materials business in Southeast Asia had been focused primarily on upstream operations such as thermal paper and self-adhesive paper. In May 2016, however, the company acquired a 60% stake in Hyper-Region Labels Sdn.Bhd., which manufactures and sells printed and converted products in Malaysia, and its affiliates. By expanding its midstream and downstream functional materials businesses in Southeast Asia, the company will strengthen the development of new businesses and products based on end-user needs. In Brazil, it decided to increase the production capacity of Oji Papéis Especiais Ltda. by approximately 10% to meet strong demand for thermal paper in South America.」

「In Brazil, the company decided to increase the production capacity of Oji Papéis Especiais Ltda. by approximately 10% to meet strong demand for thermal paper in South America. It will continue working to expand its overseas business.」

「In May 2016, the company acquired a 60% stake in Hyper-Region Labels Sdn.Bhd., which manufactures and sells printed and converted products in Malaysia, and its affiliates. Going forward, it will continue working to expand its midstream and downstream functional materials businesses in Southeast Asia.」