CCL Taisei Tube Joint Venture in Asia

Toronto, March 25, 2013 – CCL Industries Inc., a world leader in specialty packaging solutions for the consumer products and healthcare industries, announced today that it has signed a binding greement to build a new plastic tube manufacturing and decorating plant in Bangkok, Thailand in partnership with Taisei Kako Co., Ltd., a leading Japanese producer of specialty plastic containers for the personal care and pharmaceutical markets headquartered in Osaka. Between them the partners will invest a total of US$5 million in equity to start the joint venture with initial capacity provided through equipment transfers from existing CCL and Taisei Kako tube operations. The partners will each own 50% of the new company. CCL’s interest in the joint venture will be represented by Jim Anzai, Vice President and Managing Director of its Asian operations.

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