JAPAN: Kirin, Suntory team up to fight material costs
The three Japanese companies said late last week that they will synchronise their aluminium cans and jointly purchase cardboard packaging as costs of the two materials continue to rise. The uniform cans, which narrow towards the top, will result in an estimated saving of around JPY100m (US$876.7m) per year, the companies said.
The two Kirin companies, both controlled by Kirin Holdings, will join Suntory in the cardboard programme it has secured with Nissin Food Products, House Foods and Nagatanien. The programme allows the companies to place cardboard orders well in advance, leading to reduced inventories and greater efficiencies.
Domestic shipments of beer and beer-like products in Japan registered a fall in the first three months of 2008, according to recent figures....
Kirin Holdings is on the hunt for partnerships in India, Thailand and Vietnam, according to local reports....
Domestic shipments of beer and beer-like beverages in Japan rose slightly last month ahead of further price rises in the country, according to recent figures....
San Miguel Corp. has lined up the flotation of its domestic beer unit for later this year, according to local reports....
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