I thought CNN already has a bioplastics resin and films production facility in Nanjing. Why are they opening a manufacturing plant for films and bags in Malaysia? Does the sales volume justify doubling up like this?
I'd really like to see some announcements about increases in orders from Wipak and existing customers, or new supplier agreements with major FMCGs. Still can't figure out why with so many strategic partners (like Nestle) and distribution partners we're not seeing much higher sales. Without demand there's really no point expanding supply.
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