Bright Packaging to supply Izhora with aluminium foil

Malaysia-based Bright Packaging Industry Bhd has entered into an agreement to supply aluminium foil worth US$15 million to ZAO Philip Morris Izhora, a Russia-based affiliate of Philip Morris International, according to a story in the Sun Daily, Malaysia.

In a filing to Bursa Malaysia, Bright Packaging said the agreement would remain in force until December 31, 2016, and might be renewed for additional terms upon written agreement of the parties.