Siam Tinplate Becomes Nippon Steel Subsidiary
Siam Tinplate Nippon SteelNippon Steel

Siam Tinplate Becomes Nippon Steel Subsidiary

Nippon Steel, Sumitomo Corporation, Metal One Corporation, and other existing shareholders have agreed towards having Nippon Steel acquire shares

Nippon Steel, Sumitomo Corporation, Metal One Corporation, and other existing shareholders have agreed towards having Nippon Steel acquire shares of other existing shareholders by around February 2021. With this, Siam Tinplate Co Ltd will become a consolidated subsidiary of Nippon Steel. Thailand is a base for food can exports to many countries, and the demand for tinplate is expected to continue. With the consolidation of STP, Nippon Steel will reinforce its management foundation consistent with NS-Siam United Steel Co Ltd, which is a manufacturing base for black plates.

Company name - Siam Tinplate Co Ltd

Business description - Manufacturing and sales of tinplate and tin free steel

Location - Map Ta Phut Industrial Estate, Rayong, Thailand

Establishment - August 1988

Commercial Production - February 1992

Tinplate Lines - 140 thousand tonne per year

Tin Free Steel Lines - 120 thousand tonnes per year

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