Daibochi to commercialise new sustainable flexible packaging for major consumer brands [PRESS RELEASE]
- To roll out sustainable products to multinational and domestic companies in FY2020
- Group delivers best-ever quarterly revenue of RM123.3 million in 7Q FY2019; bottomline impacted by one-off inventory write downs as part of operations streamlining
Melaka, Malaysia, 25 September 2019 – Leading flexible packaging manufacturer Daibochi Berhad, formerly known as Daibochi Plastic And Packaging Industry Bhd, (Daibochi; 耐慕志; Bloomberg: DPP:MK; Reuters: DPPM.KL) is targeting to commercialise several new sustainable flexible packaging solutions for its multinational consumer brands clientele in the current financial year ending 31 July 2020 (FY2020), with ongoing trials underway with world-renowned companies in the consumer food and beverage (F&B) segment.
The latest trials involve the development of new recyclable mono-layered material flexible packaging for the F&B segment, involving the brands’ existing consumer products in high growth Southeast Asia markets.
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