SIG agrees Joint Venture with DNP in Japan

SIG and Tokyo-based Dai Nippon Printing Co. (DNP) have signed a 50:50 joint venture agreement which they claim will bring added value and greater differentiation in carton packaging and filling technology solutions to the Japanese food and beverage sectors.

DNP, a printing industry manufacturer, has been developing and marketing carton packs and filling systems for alcoholic beverages and soft drinks in Japan since 1978. SIG revealed that many food and beverage manufacturers are also using DNP’s aseptic PET filling system.

Souichiro Nishitani, corporate officer and general manager of packaging operations at DNP said, “The huge variety offered by the packaging system from SIG will enrich the Japanese market and offer clear added value for beverage manufacturers and consumers alike. The aim of our joint venture is to be Japan’s number 2 in aseptic carton packs by 2022.”

Rolf Stangl, chief executive officer at SIG added, “It is an exciting moment in our company’s history. For many years we’ve looked into entering this big and promising market together with a perfect partner. We’ve now found this with DNP. Together with DNP, we are bringing innovative solutions to the food and beverage industry in Japan for current and next generation products.”