Oji Holdings Still in Expansion Mode Despite Demand Weakness, Intensifying Competition
Japanese pulp and paper giant Oji Holdings Corp is not slowing down on its expansion despite weaker demand for paper packaging as recession fears and inflationary pressures weigh on economic activities globally, coupled with intensifying competition.
President and group CEO Hiroyuki Isono says the recent weakness in demand is likely to be a short-term headwind and the prospects for paper packaging remain bright, especially with rising environmental consciousness.
Source: The Edge Malaysia, October 31, 2022
Click to watch the Interview of president and group CEO Hiroyuki Isono by The Edge Markets on 27 October 2022: