150 years of History

1

History of Global Expansion

Since 1970, the Oji Group has been expanding overseas in a variety of fields. In this section, we introduce
the challenges faced by each company in expanding its business activities around the world. The third
issue of the anniversary book fill feature the following four companies founded between 1990 and 2010.

1

1990.12 Establishment

GSPP

Malaysia

2

1998.09 Establishment

KTH

Indonesia

3

2003.09 Establishment

4

2010.09 Establishment

Jiangsu Oji Paper Co., Ltd.
Oji Asia Packaging Sdn Bhd

History of Global Expansion

since 1990GS Paperboard & Packaging Sdn Bhd（GSPP）

Malaysia

The most important base for business development
in Southeast Asia
China
Malaysia

In the 1980s and 1990s, containerboard was in short supply in Malaysia, and GSPP was established to expand the market. In 1992, PM1 started
operation and began manufacturing and selling containerboard in Malaysia. In 1997, the second containerboard machine, PM2, went into operation, andproduction increased to 300,000 tons per year for the two machines combined. In 2000, the company entered the corrugated container
processing business, a downstream business. PP1, a corrugated container mill, started operation on the same site, followed by PP2 in Penang,northern Malaysia, in 2001. With the establishment of this integrated production system, from base paper to paper processing, it grew to become aleading company.
In April 2010, GSPP was acquired by Oji Paper as an important and strategic base for the Oji Group's expansion in Southeast Asia, and became amember of the Oji Group.
GSPP has played an important role in creating employment opportunities for local communities and improving local economies in related supplychains. It will continue to achieve sustainable growth while actively fulfilling its social responsibilities as a company.

123431 4❶Inside of PP�❷Commemorative photo of the first roll of PM� containerboard❸Appearance of GSPP❹new PM� machine

2Company ProfileCompany Name

GS Paperboard & Packaging Sdn. Bhd. (GSPP)Business

Manufacture and sale of paperboard and corrugated containers
Years of Establishment

1990 (Joined Oji Group in 2010)
Location

History
1990

Establishment of GS Paperboard &Packaging Sdn. Bhd. (GSPP)

1992

Commenced operations of 1st Paper Machine (PM1) in Kuala Langat, Selangor.

1997

Commenced operations of 2nd Paper Machine (PM2) in Kuala Langat, Selangor.

2000

Commenced operations of 1st Packaging Plant (PP1) in Kuala Langat, Selangor.

2001

Commenced operations of 2nd Packaging Plant (PP2) in Sungai Bakap, Penang.

2010

Acquisition by Oji Group2015

Commenced operations of new plant at oversea - Oji GS Packaging (Yangon) Co. Ltd., Myanmar. (OGPY)

2016
Central Malaysia/Selangor: paperboard and corrugated container mills (PM, PP1, PP4)
/Klang: a corrugated container mill (PP3)2021
North Malaysia/Penang: a corrugated container mill (PP2)2022Myanmar/Northern Yangon: a corrugated container mill (Oji GS Packaging (Yangon) (OGPY))

Acquire business of Dazun Paper Industrial Company, Klang (PP3)Commenced operations of 3rd Paper Machine (PM3) in Kuala Langat, Selangor.
Commenced operations of 4th Packaging Plant (PP4) in Kuala Langat, Selangor.

150 years of History

2

History of Global Expansion

since 1998

3

History of Global Expansion

since 2003

PT. Korintiga Hutani（KTH）

Indonesia

Aiming for diversified utilization of Indonesia's
afforestation business and wood resources
In 2009, the Korindo Group (hereinafter referred to as Korindo), a Korean chaebol (conglomerate) in Indonesia, sought a joint operator for an afforestation
business that it was involved in. Oji, which had been expanding its overseas afforestation, agreed with Korindo to strengthen afforestation and invest in
facilities for exporting woodchip, and in 2010, the company joined the business.
KTH also continues its efforts to contribute to the economic and environmental aspects of local communities by planting trees jointly with local
communities, operating schools and clinics on the project site, and working with an NGO to conserve the orangutans that live in the protected area. It willcontinue to address these issues and increase the value of its business by adding value to afforestation resources.

Jiangsu Oji Paper Co., Ltd.

China

Aiming to be an "Asian nationality company
with Japanese domicile"

I n 2003, Oji Paper announced the Nantong Project. The Oji Group, which aims to become an "Asian nationality company with Japanese domicile," hasdecided to build an integrated pulp and paper mill in China in order to expand its business in the Asian region in earnest. The Nantong Economic andTechnological Development Zone in Jiangsu was selected as the site for the mill. The site's location along the Yangtze River oﬀered numerous
advantages, including easy access to water, which is essential for paper production; the ability to berth chip ships carrying raw materials; proximity toShanghai, a huge market; and convenient transportation of products due to its location almost in the center of the Chinese coastal area.
In 2003, Oji Paper (Nantong) Co., Ltd. was established as a wholly owned subsidiary of Oji, and in 2006, it obtained approval for an
integrated production system that includes pulp production. In 2007, due to circumstances under Chinese laws and regulations, it was decided toform a joint venture with a Chinese company (10% investment by the Chinese side), and the company name was changed to Jiangsu Oji Paper Co., Ltd. In July
2011, the coated and uncoated paper production facility (PM1) started commercial operation.
Jiangsu Oji Paper will continue to grow by meeting the needs of its customers.

11

2

4

2

3
35

❶View from KTH Munara Dua❷Biomass power plant❸Natai industrial wood processing plant❹Offshore woodchip loading❺Also conducts conservation activities for orangutan

Company ProfileCompany Name
PT. Korintiga Hutani (KTH)
BusinessAfforestation
Years of Establishment
1998 (Joined Oji Group in 2010)
LocationIndonesia❶Panoramic view of Jiangsu Oji Paper Nantong Mill❷First pulp ship arrived at the dedicated berth in ����.❸First chip ship arrived in a dedicated berth in ����❹Commemorative
photo of the first roll of PM� coated paper in ����Company ProfileHistory
1998

PT. Korintiga Hutani (KTH) was established by the Korindo Group and started afforestation

2010

Joined Oji Group2013

4

Start of production and export of woodchip

2017

Additional acquisition of shares by Oji Holdings (Oji holds 60%)

2022

Same as above (Oji holds 80%)

Company NameHistory
2003

Establishment of Oji Paper (Nantong) Co.,Ltd. (100％ Oji Paper investment)

2007

Reorganized as a joint venture (Jiangsu Oji Paper Co., Ltd.) (Oji Paper 90%, NETDZ Corporation 10%)2011

Start of PM1 commercial production (400,000 tons/year)

2015

Start of commercial production at pulp production facilities (470,000 tons/year)

2003

2020

Start of TM1 and TM2 commercial production (120,000 tons/year)

Location

2021

Completion of expansion work at pulp production facilities (increased capacity to 700,000 tons per year)

Jiangsu Oji Paper Co., Ltd.
BusinessProduction and sale of coated anduncoated paper, pulp, household paper,and disposable diapers
Years of Establishment

China150 years of History

4

History of Global Expansion

since 2010

Oji Asia Packaging Sdn Bhd
Establishment of regional headquarters
in Southeast Asia

Malaysia

In September 2010, Oji Paper Asia Sdn. Bhd. (hereinafter referred to as OPA) was established on the premises of GS Paper &Packaging (hereinafter referred to as GSPP) in Malaysia, which had become a subsidiary of Oji Paper in April of the same year,
in order to promote aggressive business development in the fast-growing Southeast Asia. OPA started operations as a regional
headquarters in Southeast Asia to organically link existing businesses such as afforestation and chip, containerboard andprocessing, and functional materials , and to discover new business opportunities .
In April 2014, to review the governance structure for the management and operation of existing businesses and the development of new businesses
in Southeast Asia, a reorganization was implemented to split the regional headquarters operations into an industrial materials business group and otherbusiness groups. OPA changed its name to Oji Asia Packaging Sdn. Bhd. (OAP), and under the Industrial Materials COMPANY, it became
responsible for business management, technical support, and new business development specializing in the containerboard andpackaging fields. For businesses other than the industrial materials business group, Oji Asia Management Sdn. Bhd. (OAM) was newly established.
The new OAP has since been working to expand and strengthen its business to meet growing packaging demand in Southeast Asia and Indianregion. As of June 2023, it operates containerboard, corrugated container, and folding carton businesses in seven countries (Malaysia,Thailand, Vietnam, Cambodia, Myanmar, Indonesia, and India) with a total of 31 bases.

12❶The regularly scheduled Southeast Asia Conference in ����❷OAP office (on GSPP premises)

Company Profile
Company NameOji Asia Packaging Sdn. Bhd.
BusinessRegional headquarters for Southeast Asia
business group under Industrial Materials
COMPANY jurisdiction
Years of Establishment
2010
Location
Selangor, Malaysia (on GSPP premises)

History2010
2011
2013
2014
2015

Establishment of Oji Paper Asia Sdn. Bhd. (OPA)

Acquisition of United Kotak Bhd. (Malaysia) and HPI Resources Bhd. (Malaysia and Cambodia)
Establishment of OPA (Myanmar Branch)

Change of company name to Oji Asia Packaging Sdn. Bhd., Establishment of Oji Asia Management Sdn. Bhd. (OAM)

Establishment of OJI GS Packaging (Yangon)