As the value of the company is tied to the performance of the company, it is in the interest of the warring shareholders to argue and fight outside the company.
PARIT BUNTAR: HPI Resources Bhd's subsidiary, Harta Packaging Industries (Perak) Sdn Bhd (Harta Perak) has launched its second plant, Harta Perak Plant 2 (HP2) at the Parit Buntar Industrial area.
HPI Resources group managing director Chang Kee Soon said the second plant worth RM45 million was equipped with the newest state-of-the-art corrugated machine incorporating German web precision technologies and packaging machine.
He said the second plant would double HPI's production capacity in the northern region to 66,000 tonnes annually from 36,000 tonnes at present.
“Harta Perak has been major producer of triple wall sheets and heavy duty boxes in Malaysia since 2012. But now with the HP2, production will be further enhanced by its digital printing capabilities and state-of-the-art box making equipment,” he said.
He told reporters this after the launch of HP2 by Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
Also present were HPI's business network, Oji Asia Packaging president and chief executive officer, Yasuo Nakanishi, and state Public Utilities, Infrastructure, Agriculture and Plantation executive council member Abdul Yunus Jamhari.
Chang said Harta Perak also manufactured slip sheets, a product that increases payload per container, and eliminates fumigation and pallet cost.
“A specialised vertical die cutting machine was imported from Japan to improve slip sheet dimension accuracy, ensuring the highest quality to our customers,” he said, adding the company would continue to remain steadfast in providing good services and product quality to customers while remaining harmonious with the environment.
“Moving forward, we have been building capacities across Malaysia and in Cambodia, at the same time churning out more innovative products to fulfil the evolving market demand,” he said.
HP1 is located less than one kilometre from HP2 and is equipped with state-of-the-art machines that are able to produce triple wall corrugated board or boxes used in solar, automotive, petrochemical and electronics industries, on top of the conventional single and double wall corrugated sheet boards and boxes.
Meanwhile, Saifuddin Nasution said the business carried out by Harta Perak had fulfilled the aspiration and commitment of the government in adopting good practices in environmental conservation.
“The company's philosophy in upholding the importance of the environment is in line with the government's commitment.
“Besides encouraging business initiatives such this, it is also the government's commitment to create jobs for local residents as well as foreign workers,” he said. - Bernama
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