New Joint-Venture Project

in
The Indian,
for
Aluminum Foil Container, Kitchen Foil
1. Introduction of
Since 1989, has made every effort to develop
technical know how in improve packaging facilities, including
Aluminum oil and !itchen " #ooking oil from the concept and design
to the final manufacture, and now is producing the packaging
materials through the $est care for the products and highly developed
technology.
is proceeding technological innovation with the hope of %uality
life culture and is creating the new wave of packaging culture in
new millennium year.
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'. &ro(ect
To promote a (oint venture company $etween ,
South !orea and a local partner in India to produce %uality
Aluminum oil #ontainer and !itchen)#ooking oil.
*. Introduce the +oint,-enture and its products

.p to now the price of raw material of aluminum foil, for producing the
high volume food processing and manufacturing industries including
chilled and fro/en food, $akery products, $aked meat pies, and take
away prepared food sectors, in !orea is very higher than other countries.
0specially, the foil for airline catering service are 1112 imported from
3ermany, other 0urope countries and +apan $ecause these materials not
availa$le in !orea and any other countries in world as any company
have no advanced technology of manufacturing products.
4e therefore would like to esta$lish the (oint,venture plant for Al,foil
#ontainers and !itchen oil in one of India having
advantages of easy,get all kind of raw material foils for them at
economic prices from one of world largest manufacturers, such as the
The Indian 3roup, Sura$aya, Indonesia or 5ikkei Aluminum 6td.,
7angkok, Thailand and etc.
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And we would like to lead the development of domestic industry and
e8port our products to worldwide.
1. &roduct Information.

a. Al,foil #ontainer 9
are a convenient way of cooking, free/ing, reheating and
serving any foods. The e8cellent thermal %ualities of Al,foil
mean that Al,foil container are very energy efficient.
The e8tensive range and premium %uality of the Al,foil
container have made us the leader in meeting the speciali/ed
needs of the take away, $aker pastry cook and catering
industries.
#ustomers demand cleanliness and hygiene in all food serving
situations,these are uncompromised %ualities in all Al,foil
containers and Al,foil containers are totally recycla$le.
$. !itchen ) #ooking oil 9
:ur !itchen ) #ooking oil is specially designed with a uni%ue
trou$le free dispenser system with %uality aluminum foil that
is availa$le in general purpose or heavy duty gauges.
:ur foil provides all popular width or can customi/e to your
individual needs. 4idth, 6ength and &ackaging can $e fully
adapted to suit your re%uirement for ;oasting, 4rapping,
Storing and ree/ing.
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<. &roposal
, who has over '1 years of e8perience in Aluminum oil
#ontainers and !itchen)#ooking oil design and the large
engineering facility staffed $y designers, tool and die makers and
engineers can coordinate the entire production process of a new
container,from the concept and design to the final manufacture,
will supply all the re%uired machinery to produce Al,foil container
and !itchen) #ooking oil.
or the 1112 of the machinery value will receive share in new
company.
!orean #ompany will provide the technical know how to produce the %uality
products, installation and commission the plant, train the operators
and run production.
The local partner will provide the au8iliary e%uipment such as
air compressor, power, $uilding, also la$or, working capital and
other.
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=. #ost of &ro(ect
1> i8ed Assets Amount In .?.
!orean #ompany 6ocal Total
a. 6and and 7uilding
$. @achinery " 0%uipment .? <A<,111
c. :thers
'> #urrent Assets , 4orking #apital for B month
a. ;aw material for aluminum foil container
,&rod.cap. per press) day) 8hrs C '1,111 '=,111 pcs
,4eight per each si/e D1'g 1<1g> 8 '=,111 pcs )day E *11!g *,=11!g
, *11!g *,=11 !g)day 8*1day 8 B month E =< Ton B*1 Ton

Total C .? ',811 per Ton 8 =< Ton B*1 Ton E .? 1=1,'11.?1,AB<,111
$. ;aw material for !itchen " Fouse #ooking alu,foil
, &rod.cap. per ;ewinder) day) 8hrs C =11 roll
, 4eight per each roll D'<1g <11g> 8 =11 pcs )day E 1'1!g'11!g
1'1!g'11!g)day 8 *1day8 B month E *B Ton
Total C .? ',811 per Ton 8 *B Ton E .? 111,811
5ote C #apital share will $e determined according to the
agreement $etween !orean #ompany and the local partner.
B. ;e%uired space for the plant

actory C =11
Storage C A=1
:ffice C A1
Total C 1*'1
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A. ;e%uired employee D4orking hour per day C 8 hours ) 1 shift >
, @anufacturing Gept C !orean 6ocal
1 0gr ' for * Alu,foil prod. 6ine D @ale>
< for < ;ewinder line D emale >
= for &acking
, @anaging Gept. C 1 @gr 1 Ass. @anager
1 Griver
1 Store keeper " Inspector
* 6ocal " :versea sales team

Total C 19 person D ' !orean, and 1A 6ocal >
The $asic wages for !orean staffs.
, @anager C .? <,111 per month
, #hief 0ngineer C .? *,=11 per month
8. &rod. #apacity
a. Al,foil containers C * &resses 8 1Bhr 8 apo8. *,111 pcs)hr
E 1<<,111 pcs per day
$. !itchen) #ooking foil C < rewinders 8 1Bhr 8B1 roll) hr
E *,8<1 roll per day
5ote C The prod. capacity as a$ove said will $e less or more,
su$(ect to their si/e, shapes and operatorsH skill
9. 0lec. &ower
The total re%uired elec.power on this plant is estimated appro8. <1 !4
per hour and re%uired air for running the facilities is '1F&
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11. The structure of &ricing
Items Structure &ercent rate from 08. actory ;emark
a. ;aw material , *'. 11 2
$. &rod. #ost a 8 182 =.AB
c. 3eneral @anagement D aI$> 8 1=2 =.BB
d. :thers D aI$Ic > 8 1'2 =.'1
e. &rofit @argin =1.<*
Total 1112

11. &lant " 0%uipment
&roduction 0%uipment
1) !orean #ompany will supply the following e%uips 9
a. &ressor with auto feeding system
@odel 5o. 4+ #S <1 , ' set for small and medium si/e
&rod. #apacity C B1,A1 pcs per min., su$(ect to the si/es and
shapes of producing containers

@odel 5o. 4+ #S 81 , 1 set for 08tra 6arge Si/e
&rod. #apacity C =1,B1 pcs per min., su$(ect to the si/es and
shapes of producing containers
Total JHty C * set
0stimated #I &rice 9 .? '11,111
$. Al,foil ;ewinder
@odel 5o. 4+ 4; <91
&rod. #apacity C @ain Speed 9 18,111 ;&@
JHty C < set
0stimated #I &rice 9 .? 11<,111

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c. @oulds for making Al,foil containers
The each piece in different si/es of the $est selling containers
on the local markets and oversea market

1. Small " medium Si/e C ' set
'. Smooth wall for airline catering service C 1 set
*. 08tra 6arge Si/e for 0. and .SA market C < set

Total JHty C A set
0stimated #I &rice 9 .? 1A1,111
'> The 6ocal &artner will supply 9
Gescription JHty 0stimated #I &rice
a. Air compressor 1 set .?
#ap. '1 F&
$. &iping works
c. 0lectrical works
d. #onsumption @aterials
e. Au8iliary 0%uipment
1. ire,ight system
'. @aintenance 0%uips

f. Al,foil raw material for production and others
g. #art and vehicle at factory site
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h. 6and and 7uilding
i. :ffice urniture
(. 4orking capital for 1st $usiness year
k. 5ot specified items in the a$ove
Total .?
1'. &lanning Schedule
@:5TF *rd <th =th Bth Ath 8th
@A#FI50 @A5.A#T.;I53

SFI&@05T

I5STA66ATI:5

T;IA6 :&0;ATI:5

STA;T @ASS &;:G.#TI:5

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The scope of !orean #ompany
As the pro(ect we informed, we are going to invest all of necessary
machines and e%uips as $elow stated.
, 4e will supply
1. &ress with digital controlled automatic feeder
@odel 5o. 4+ #S <1 C ' set
4+ #S 81 C 1 set
'. @oulds for making al,foil container
, Smooth wall for airline catering service C 1 set
, Small,@edium Si/e C ' set
, 08tra 6arge Si/e C < set
*. Aluminum oil ;ewinder for making Fousehold) !itchen Alu,foil
@odel 5o. 4+ 4; <91 C < set
Total 0stimated #" C .? <A<,111
Terms and #onditions.
1. The Indian 3roup #ompany will $e paid to !orean #ompany IntKl Inc.,
for
.? '=1,111 $y T)T or the 6)# for covering all the importing e%uips and
machines which is stated on the pro(ect plan to #hina from !orean
#ompany Intl Inc.
as the counter,guarantee money.
And the $alance, for .? ''<,111 D after .? '=1,111 deducted
from the total cost for covering all of the e%uips and machine,
.? <A<, 111 > will $e invested as our $asic investment $y
supplying all of the e%uips and machines as stated in the pro(ect
plan.

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And the counter Lguarantee money for .? '=1,111 will $e invested $ack
to
the new (oint venture company $y !orean #ompany within * year
from the date of the opening the (oint,venture as for the e8panding si/e
of
this company in #hina.
'. 4e will ship the all of the e%uips and machines with all necessary
tools to the #hina site of our new (oint venture company immediately
as $asic investment on this pro(ect.
*. :ther terms and conditions are remained as same as in the pro(ect.

<. All of our orders and goods for e8port will $e transferred to the
(oint,venture company and will $e produced them in the same
company. The management of the this company will e8ecuted,
included know, how technical $y the director $oard meeting
of !orean #ompany and you as our 6ocal &artner of the The Indian
3roups
=. All of agreement with you on this pro(ect should $e finished
on $efore :ct.*1, '119, and the counter,guarantee money for
.? '=1,111 will $e reached us $y 5ov. 1=, '119.
B. @anagement of the new company Southern Aluminum Ind. #o. 6td., in
#hina shall $e 1112 responsi$ility of and directed $y !orean #ompany
Intl Inc.
as an partner company of the The Indian 3roup #ompany
A. All the machines and e%uips shall $e transferred to Southern
Aluminum Ind. #o., 6td. as well as the technology and know,how
for manufacturing the moulds from the design to final moulds.
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8. At new esta$lished #hina company, manufacturing and operation of
dies and moulds will $e under the supervision and carried out $y !orean
#ompany Hs
own capital and e8penses. And !orean #ompany will $e supplied 5ew
#ompanyHs orders of aluminum foil container and or moulds.
The scope of The The Indian 3roup #ompany
1. The Indian 3roup #ompany will esta$lish the 6)# or T)T for .? '=1,111 for
The counter,guarantee money and provide the shipment of all of necessary
0%uips and @achines as stated in this pro(ect.
'. In cover to the risk of the 6)#, the The Indian 3roups #ompany has a right
of
111 2 owner ship all of the imported machinery, e%uips and tools from
!orea.
*. The The Indian 3roup #ompany will provide the factory and the
accommodation
And meals for !orean 0ngineering " Technical Team.
<.&roviding an office and factory for this pro(ect materials and others
facilities
which are not included in our $asic plan we supply, and preliminary and
operating
capital, logistic e8penses, ta8es , and including the reservation money.
=. And 0ngineering e8penses of which should $e capitali/ed etc.
or e8ample, personal training and salary for the dispatched !orean
engineers.

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M!orean #ompany Hs &roducts Gevelopment Service
1. #ustom Al,foil #ontainers
!orean #ompany has over '1 years of e8perience in Al,foil containers
design. The large engineering facility staffed $y designers,
tool makers and engineers can coordinate the entire production
process of new container from the concept and design to the
final manufacture.
Fowever, it is advisa$le to consider the large range of !orean #ompany
Al,foil containers $efore having an e8clusive tool $uilt as tools
to make Al,foil containers are very comple8 and e8pensive.
'. 0m$ossing
Nour products can easily $e given an e8clusive touch through a
company name and logo $eing stamped on the $ase of the Al,foil
container. Simple name and graphic stamps can $e made very
economically. Juote for highly detailed em$ossing tools are gladly
given. Short runs of em$ossed Al,foil containers for on off
promotions can $e made $ut a lead time of a$out ' week can $e
e8pected.

*. 6ids
Standard lids are of high,%uality white $oard with Aluminum foil
in variety shapes and si/es are availa$le e8,stock. #lear plastic
lids are also availa$le e8,stock for specific Al,foil container.
!orean #ompany can provide printed lids,ranging from a simple on color
message up to the most detailed five color design. A ' week lead
time is re%uired and minimum order re%uirements apply.
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M!orean #ompany Aluminium oil #ontainers
A relia$le #hoice
0nvironmentally safe, functional, light, cheap, retaining the fullest
senses of taste and smell, usa$le $oth for deep,free/e and cooking
application 9 these are the most significant advantages that our
Aluminum oil #ontainer offers for food packaging.
!orean #ompany has a range of more than '11 containers in variety of
shapes,
edges, si/es specifically to meet any re%uirement.
In addition to Aluminum oil #ontainers, !orean #ompany has a wide range
of
complementary products for ood &ackaging and &reservation.
These include Al,foil reels for closing, folding, heat,sealing and printing
6ids in flat and &reformed Al,foil or oil 7oard 6aminated.
M!orean #ompany Aluminium oil #ontainer @aking @achines
and Gie,@oulds
A packing is not accepta$le until the production is rational and
profita$le.
or this reason, !orean #ompany International Inc. is not only leading
manufacture
of Aluminum oil #ontainers in Asia, $ut we have also the manufacture
the machines for making Aluminum oil #ontainers and the related
Gie,@oulds.
The development and adaptation of these machines and die ,moulds takes
place in close co,operation with our customers, during every step of the
the development pro(ect, from the initial design to the prototype
production and die,mould manufacture, to ensure that the machines and
die,moulds get the capacity, the economy re%uired.

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M!orean #ompany Aluminum oil #ontainersH eatures
1. ;ational production
Aluminum foil containers make it possi$le to pack the products at
very early stage of the production, whereafter products and container
accompany each other up to the moment when the products has $een
consumed.
This make a very rational production and distri$ution possi$le.
And it makes a num$er of things easier for the final consumer.
Fere is a short survey of the process your products can go through
OdressedO in an Aluminum oil #ontainer.
, preparation) roasting) $aking
, free/ing
, sterili/ation) autoclaving
, closing) sealing
, marking) decoration) consumer information
, packing
, distri$ution
, storing
, display) stacking) sale
, keeping,possi$ly in the free/er
, re,heating in the oven
, serving) consumption
'. Figh heat resistance
Aluminum foil containers go completed unaffected through the
highest oven temperature and the lowest frost degrees.
These temperature %ualities make aluminum specially well suited
for the food industry.
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*. ine $arrier %ualities
In itself aluminum is completely neutral material. It has neither smell
nor taste, and it does not a$sor$ o8ygen, moisture, fat, favor or
aroma su$stances.
These %ualities give aluminum foil container a $uilt,in resistance
to corrosion, which can $e further enhances $y lac%uering.

Another effect of these %ualities is that the container constitutes an
impervious $arrier $etween the products and its surroundings.
Thus the container provides an effective protection against $acteria
and light. And it prevents the product from giving off or a$sor$ing
moisture, taste, and aroma.
<. Immum$era$le types of containers
The greatest advantage of the Aluminum oil #ontainer is that it can
$e tailored for the product in each individual case.
Through choice of from, thickness, alloy, shape of edge, closing
method, lid and decoration it is possi$le to adapt the appearance and
%ualities of the container to meet e8actly the demand of the products.
Nou are not , as in the case of most of the other packaging ,
$ound $y a standard shape.
=. 0asy and economical handling
The aluminum container weights nest to nothing, and is therefore
easy to handle. it will nearly always have a conical shape so that
it is easy to stack and stands steadily.
And finally, $oth weight and shape make it easy to pack in cartons,
which are prepared for direct display on the shelf or refrigerated
counter.
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B. A presenta$le appearance.
ew packing makes so many things easier for the consumer in the P
daily housekeeping 9
It is easy to carry home. The product does not have to $e unpacked.
It is can $e kept in the packing. ro/en in the packing. Feated in
the packing. And served in the packing.
In this way, you can save $oth the cleaning of the oven,
washing,up of products plates, $owls, and dishes.
The container is easy to open. Nou need neither scissors nor tin opener,
and you wonHt cut yourself. It is also easy to close again, if the
contents are not fully used.
And finally, it is easy to dispose of, when the products has $een
consumed. It can $e crumpled up to nothing.
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