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Hokuetsu, Daio Paper Opt to Forge Tie-Up

Hokuetsu, Daio Paper Opt to Forge Tie-Up

   Tokyo, May 19 (Jiji Press)--Major Japanese paper producer Hokuetsu Corp. and peer Daio Paper Corp. have opted to forge a strategic business tie-up.
   The two companies, which had been at loggerheads for many years, decided to come to terms with the aim of surviving the increasingly tough business environment exemplified by continuously shrinking demand for paper.

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AFP-JIJI PRESS NEWS JOURNAL


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