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