Press ReleasesAnnouncement of 100% Sales subsidiary company establishment in Singapore
Nippon Paper Industries Co., Ltd.
NIPPON PAPER INDUSTRIES CO.,LTD. (FUMIO MANOSHIRO President) to Purchase "NP Trading Singapore" 100% under NP Trading Co.,Ltd. (KYOICHI FUJIKAWA President) the NIPPON PAPER GROUP company after changes the trade name to "NP International" and to start its sales activity from 1st Aug 2015 as 100% subsidiary company of NIPPON PAPER INDUSTRIES CO., LTD.
NIPPON PAPER INDUSTRIES CO.,LTD.("NPI") addresses in "The 5th middle term management Plan" initiated from 2015 to enhance Global Sales Structure as one of prime measures.
The establishment of "NP International" is based on the plan and targeting to enhance marketing function in its scope area from South East Asia to Middle East as well as to realize seamless workflow to share market information and prompt action to reflect market needs through capitalizing "NP International" as direct descendant subsidiary company of NPI.
NPI gives "NP International" an authority as regional HQ in terms of sales and has intention to make this company to implement administration of group sales companies in its scope markets in the future.
■ Outline of the new company
|Trade Name||NP INTERNATIONAL (S) PTE. LTD.|
Paper, Paper Board & NPI Group products sales.
|Kenichi Numata (GM ISMP Dept of NPI)|