Japanese Rengo Co., Ltd. announces that it has established and started operations for a joint venture company (company name: RS Wood Refinery CO., LTD.) with Sumitomo Forestry Co., Ltd.
Through this joint venture, the Rengo Group will work to commercialize second-generation bioethanol, alongside strengthening its raw material wood chips procurement system and deepening its partnership with Sumitomo Forestry.
Company’s main businesses include wood chip procurement and bioethanol production.
The Rengo Group is promoting a hexagonal business structure that consists of six core businesses—paperboard, corrugated packaging, folding cartons, flexible packaging, heavy duty packaging, and overseas operations—in order to meet a wide range of packaging needs with comprehensive capabilities.