• Kyodo

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Major food maker Nichirei Corp. said Thursday it has agreed with SCG Logistics Management Co. of Thailand to set up a joint venture near Bangkok in June to provide temperature-controlled logistics services in Thailand.

The venture, SCG Nichirei Logistics Co., will be owned 51 percent by SCGL and 49 percent by Nichirei’s wholly owned arm Nichirei Logistics Group Inc.

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