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Good Flag Biotechnology Corporation

Good Flag Biotechnology is one of the largest manufacturers of PP packaging and disposable food containers in Asia. Established in 1974, Good Flag employs over 200 people and has annual sales in excess of 25 million. The company exports around a quarter of its sales to Asia, Europe and North America. [Pg.117]

Good Flag Biotechnology has experienced a sharp growth in demand from food manufacturers, retailers and hotels for its 100% biodegradable packaging. The company has invested 2.5 million in new equipment from Germany to produce environmentally friendly thermoformed cups from PLA. The company has production capacity for 12 million items per day for both PLA and PP cups. [Pg.117]


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