Malaysia’s Bright Packaging Industry Berhad (BPIB) will supply aluminium foil to ZAO Philip Morris Izhora of Russia under an agreement to run until the end of 2016, the company announced.

PM Izhora, an affiliate of Philip Morris International, operates the second largest PMI production facility, which is located in St. Petersburg. The contract is valued at USD 15 million (EUR 12.7 million), BPIB said in a 13 Jan statement to Bursa Malaysia, formerly known as the Kuala Lumpur Stock Exchange.