Japan's Nippon Pillar Packaging gains, co to set up German subsidiary
** Shares of Nippon Pillar Packaging Co 6490.T rise as
much as 3.3 pct to 1,613 yen, highest since Mar. 6
** The maker of mechanical seals and industrial resins will
set up a subsidiary in Germany capitalized at 1 mln euros
($1.23 mln) urn:newsml:reuters.com:*:nL4N1QR32B
($1 = 0.8125 euros)
(Reuters Messaging: shinichi.saoshiro.reuters.com@reuters.net)