This letter confirms our official schedule of MPTP (Medical Packaging Transition
Project) in the APEJ (Asia Pacific except Japan) region. The US FDA affirmation
announcement is on schedule and expected in 3Q15. After the FDA affirmation, the
US and European regions will begin confirming orders for “Transition” material.
Given the lead time for ocean shipments from the US plants to our slitting facility in
APEJ, it is estimated that the “Transition” products will be received in APEJ in mid
4Q15. Therefore we estimate that our slitting facility will start converting the
“Transition” products for customers in APEJ late 4Q15, begin replacing “Current”
product inventory and will start shipping “Transition” products to APEJ customers in
January 2016. This is our current plan and best estimate for sales to APEJ
customers based on 3Q15 US FDA approval.
Sales in the North America and Europe are still planned for 4Q15. Sales in AP
region will transition in January 2016 only because of the time lag of shipping,
warehousing and converting in AP region, not because of any delay in the project.
January 2016 timing may be adjusted later as other related activities are adjusted.
Thank you for your understanding and business.