scg packaging vietnam

SCG is one of Southeast Asia’s top conglomerates in the fields of cement, construction materials, chemicals, solar roofs, investment, logistics, and packaging. Packaging "is the best growth offering among the three key businesses of Siam Cement Group," said Suchart Techaposai, head of Thailand research at brokerage CLSA. Vietnam: Siam Cement Group (SCG) subsidiary SCG Packaging has launched Doozypack, a Kraft paper cement bag made using recycled paper. Prospectus. We developed a series of packaging in a way that is inviting and rigid using 1.5mm thick paper finished with a debossed gold foil logo & text give these boxes subtle yet elegant look to compliment the precious contents inside. Change ). PACKAGING BUSINESS. “With three manufacturing facilities near Ho Chi Minh City, in southern Vietnam, this acquisition will enlarge SCGP’s customer base particularly in food, beverage and FMCG segments and reinforce internal integration with its packaging paper manufacturing,” Wichan added. The project will begin construction in Q3/2018 and is expected to start commercial operations in the first half of 2023 to … This disclosure follows the previous disclosure to The Stock Exchange of Thailand on April 3, 2020. The company provides products that include fiber-based packaging, performance and polymer packaging (PPP), and food service products as well as designing and printing services and other diverse solutions to meet customers’ demands. SCG. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. The plastic packaging industry of Vietnam. Recently, StoxPlus has published a report on the market of plastic packaging in Vietnam. Nutwara Seangwarin Email: [email protected], Chalengpot Boonsue Email: [email protected], SCG Packaging Pcl (SCGP) has finalised its acquisition of Bien Hoa Packaging Joint Stock Co (SOVI), a listed company in Vietnam that specialises in corrugated box and offset laminated packaging, Investors to spend more on IPOs next year, say experts, Vaccines will drive Thai GDP rise above 4% next year: Deputy PM, Government needs to hike budget for vaccine to prevent economy taking bigger hit, SET surges more than 2% for second day in a row, Banks preparing cash reserves to support New Year revelry nationwide, Delta shares continue rapid rise this year, jumping 19 per cent on a day, CIMBT targets 5 per cent expansion in retail loans next year, Decline in year-end funds flow could check SET surge after Brexit deal, Delay in rollout of US economic package could pressure gold price, From 'parasite' Senate to 'it was flour', reporters ridicule politicians in year-end rap, Nakhon Pathom reports seven new Covid-19 cases, Sukhothai reveals timeline of its first Covid-19 patient, New Covid-19 outbreak in Thailand still in early stages, expert warns, Thailand BOI Okays Steps to Accelerate Investment and Promote Digital Adoption, BOI-Foreign Chamber of Commerce Consultative Meeting, Foreign Investors’ Confidence in Thailand Still High Despite Covid-19 Impact, Survey Shows, Why Thailand’s Smart Electronics Sector Still Remains a Magnet for Investors, Thailand’s E&E, Food, Auto and Medical Sectors Lead Jan-Sep Rise in Investment, BOI Applications Data Shows, Strong Business Matching Results at Thailand Subcon Show Despite Covid-19, BOI Says, Thailand BOI Approves New EV Package, and Over 35 Billion Baht in Large Investment Projects, Tech worker turns hobby into a startup nearing unicorn status, Rayong implements lockdown measures to contain Covid-19, 94 domestic cases among 121 new Covid-19 patients, BMA reveals timeline of eight recent Covid-19 cases in Bangkok. Thai cement giant SCG Group has acquired its seventh packaging company in Vietnam, Bien Hoa Packaging, at a cost of VND2.07 trillion ($89 million)., The company owns a 94.11 percent stake in SCG began operations in Vietnam in 1992 with trading and gradually expanded investment to cement-building materials, chemicals, and packaging. With more than 200 companies under its umbrella and approximately 57,000 employees, SCG creates and distributes innovative products and services that respond to the current and future needs of consumers. ENG | ไทย. Financial Statement Quarter 3/2020. In Vietnam, SCG was involved in dozens of merging and acquisitions (M&A) activities over the last 30 years with the acquisition or stake purchase at Prime Group, Tin Thanh Packaging, Binh Minh Plastic, and Long Son Petrochemicals complex. COLOGNE, Germany, April 24, 2020 (PPI Asia) - Thailand’s SCG Packaging has announced its intention to acquire Vietnamese converter Bien Hoa Packaging. Headquarters in Bang Sue 2. In Vietnamese market, SCG's sales increased in the third quarter of 2018 mainly due to the petrochemical business while it also owns companies in packaging paper and soft plastic packaging. SCG Packaging acqiires listed Vietnamese company (nationthailand.com) SCG Packaging acqiires listed Vietnamese company CorporateDec 18. Large-scale total paper and packaging provider in ASEAN with world class quality products. SCG Packaging, a subsidiary of 107-year-old Siam Cement Pcl, is seeking as much as 39.5 billion baht ($1.27 billion) to fund expansion and repay debt. SCGP chief executive officer Wichan Jitpukdee said the Vietnam plant should be completed by the end of this year and would help boost production. 2020. Dec 18. … SCG Packaging acqiires listed Vietnamese company (nationthailand.com), SCG Packaging Pcl (SCGP) has finalised its acquisition of Bien Hoa Packaging Joint Stock Co (SOVI), a listed company in Vietnam that specialises in corrugated box and offset laminated packaging. SCG’s subsidiaries in Vietnam are: 1. Report this profile About Experienced Technical service with a demonstrated history of working in the packaging and containers industry. SET Announcements . Thai cement giant SCG Group has acquired its seventh packaging company in Vietnam, Bien Hoa Packaging, at a cost of VND2.07 trillion ($89 million). SCG, one of the leading conglomerates in the ASEAN region, comprises three core businesses: SCG Cement-Building Materials, SCG Chemicals, and SCG Packaging. The new machine allows SCG Packaging to increase its capacity from 243,000 tons per annum to 489,000 tons per annum to its portfolio through the newly-installed capacity and gains from efficiency optimization, which is more than doubled its existing … "The balance sheet consolidation of SOVI will be as at the end of 2020, while the financial performance will be consolidated from January 2021.". +662 586 3333, +662 586 4444 . The company “applied the circular economy principle to the product’s development, enabling consumers to live sustainably,” according to general director Ekarach Sinnarong. “This purchase is through TCG Solutions Pte Ltd, which is a wholly owned subsidiary of Thai Containers Group Co Ltd (TCG), a 70:30 joint venture between SCGP and Rengo Co Ltd, Japan,” SCGP chief executive officer Wichan Jitpukdee said. COOKIE NOTICE | LEGAL | PRIVACY NOTICE | TAKE DOWN NOTICE. This is cached page on VietNam Breaking News. SOVI is a leading fibre- based packaging company whose clients are mainly well-known consumer brands. READ MORE. SCGP is a leading regional packaging company. ( Log Out /  Sorry, your blog cannot share posts by email. SCG began its regional expansion with Vietnam as its strategic hub in 1992. Siam Kraft Industry Co., Ltd. 1. Key facts. SCG was one of the earliest foreign investors in Vietnam in the 1990s. Our Vision ... SCG PACKAGING PUBLIC COMPANY LIMITED 1 SIAM CEMENT RD., BANGSUE, BANGKOK 10800, THAILAND . Change ), You are commenting using your Facebook account. About Us. One of the six it has taken over earlier is the largest local firm, Kraft Vina, which is a joint venture between SCG and Japanese packaging firm Rengo. ( Log Out /  more info. View All. Join to Connect SCG Packaging - New Asia Industrial co.ltd - Ho Chi Minh University of Technical education. SCG Packaging acqiires listed Vietnamese company. Contact Us. SCG Packaging SCGP has acquired 100% of Go-Pak UK, as well as its manufacturing subsidiaries in Vietnam. Annual Holidays for the year 2021. In Vietnam, packaging paper accounts for nearly 50 percent of total paper consumption. In 2015, SCG Packaging expanded its flexible packaging business by acquiring an 80 per cent stake in Tin Thanh Packing JSC, one of the top five manufacturers of flexible packaging in Vietnam. By The Nation. The success reaffirms SCG Packaging’s strong leadership in high-growth Vietnam market as the largest high-quality packaging paper manufacturer. Ban Pong Complex Thai Cane Paper Public Company Limited. ( Log Out /  Viet-Thai Plastchem Co., Ltd. 3. SOVI is a leading fibre- based packaging company whose clients are mainly well-known consumer brands. Corporate. Over the last 12 months, SOVI recorded revenue of 1.61 trillion dong (Bt2.1 billion), net profit after tax of 156 billion dong (Bt200 million) and had assets of 1.05 trillion dong (Bt1.38 billion) at the end of the third quarter. SCG is one of Southeast Asia’s top conglomerate in fields of cement – construction materials, chemicals and packaging. SCG Vietnam Co., Ltd. 2. AP Packaging Hanoi(SCG Packaging) Jun 2018 - Present 2 years 7 months. SCGP is the leader in the fully-integrated packaging chain in Southeast Asia. ALL … There are four projects in the pipelines in the integrated packaging chain, which will begin to generate revenue for SCGP beginning from second half of 2020 to 2021. SCG now owns 20 subsidiaries in Vietnam covering a range of industries including cement, construction materials, chemicals, and packaging. SCG Packaging also invested to expand its packaging paper production base at Vina Kraft Paper Co., Ltd. to meet the rapidly growing demand for packaging paper in the country. FB Youtube. Who are we. The new production line will add an additional 243,500 tons per annum to SCG Packaging’s portfolio and bring the firm’s total packaging paper capacity of 2.6 million tons per annum across strategic ASEAN countries including Thailand, Vietnam and Philippines, said Sangchai Wiriyaumpaiwong, general director of Vina Kraft Paper Co., Ltd. (Vietnam). IR Press Release. Other News. 03 Dec 2020. Technical Supervisor at New Asia Industrial co.ltd - SCG Packaging Vietnam 157 connections. Change ), You are commenting using your Twitter account. Consolidation of Bien Hoa Packaging Joint Stock Company ("SOVI") in Vietnam. 0107537000921 Head Office Address 1 Siam Cement Road, Bangsue, Bangkok 10800 Business Type The Company generates revenue from holding shares in other companies (Holding Company), operating core business for packaging solutions provider which are organized into two main operating segments: integrated packaging chain … SCGP has acquired 12,076,587 shares … 15 Dec 2020. 1. packaging We were also helped to craft a packaging pack for the release of their premium line called LUXE No.9. "This purchase is through TCG Solutions Pte Ltd, which is a wholly owned subsidiary of Thai Containers Group Co Ltd (TCG), a 70:30 joint venture between SCGP and Rengo Co Ltd, Japan," SCGP chief executive officer Wichan Jitpukdee said. As part of the deal, Go-Pak will maintain its current management, operations, customers, and brand identity and will continue to operate as business as usual, but with "an enhanced product offering and further market development." Vietnam SCG Packaging Public Company Limited (or "SCGP") hereby announces the closing on its consolidation of Bien Hoa Packaging Joint Stock Company (or "SOVI'), a listed company in Vietnam that specializes in corrugated box and offset laminated packaging. SCGP informed the Stock Exchange of Thailand (SET) on Friday that it has acquired 12,076,587 shares, or a 94.11 per cent stake, in SOVI from the existing shareholders at the price of 171,450 dong per share, which is equivalent to the total payment of 2.07 trillion dong, or approximately Bt2.70 billion. Copyright Ⓒ 2019 Nationthailand - All rights reserved. Disclosure of the Roadshow Presentation on the Company's Website. SCG Packaging offers a diverse range of products and services to address every application need of customers such as paper packaging, flexible packaging, food safety packaging, pre-print technology and an offset printing system. Currently as of the first quarter of 2017, SCG has 22 operations in Vietnam and more than 8,600 local employees. #SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation. Thai Containers Group, in Packaging Business of SCG, is working to serve as the ASEAN leader in the packaging industry with top-tier production capacity and a number of production bases in various locations across the region, creating strong readiness to serve both domestic and international markets. COPYRIGHT 2015 SCG PACKAGING. Annual Report 2019 (Highlight) Download . In addition, the acquisition of SOVI (corrugated box and offset laminated packaging business in … In the last decade the company has been pouring money to acquire major … Wangsala Complex 3. The company owns a 94.11 percent stake in the company through its subsidiary Thai Containers … Chief among them is Inspired Studio, a one-stop service … K.O.S For SCG Only; E-Document; Converted Product; E-Billing; Locations; Home; About us; Sustainability; Products & Service; News & Events; Contact us; E-Service ; Home / Locations. Location SCT Co., Ltd. (Hanoi) Representative Office 196 Truong Chinh, Dong Da dist., Hanoi city, Vietnam email pipatpot@scg.com PHone +84 439 744 354 The deal to acquire the seventh firm shows SCG Group’s intention to dominate Vietnam’s packaging industry. Change ), You are commenting using your Google account. Post was not sent - check your email addresses! TEL. SCG pushed forward Vietnam’s first fully integrated Petrochemical Complex project, Long Son Petrochemicals Company Limited (LSP) by recently signing loan agreements worth over $3.2 billion (approximately 110,000 million baht) with 6 leading financial institutions. Over the last 12 months, SOVI recorded revenue of 1.61 trillion dong (Bt2.1 billion), net profit after tax of 156 billion dong (Bt200 million) and had assets of 1.05 trillion dong (Bt1.38 billion) at the end of the third quarter. Thai Cane Paper Complex in Kanchanaburi 2. SCG Packaging Pcl (SCGP) has finalised its acquisition of Bien Hoa Packaging Joint Stock Co (SOVI), a listed company in Vietnam that specialises in corrugated box and offset laminated packaging. Thai company acquires Bien Hoa Packaging have 310 words, post on english.thesaigontimes.vn at December 16, 2020. View All. Thailand’s SCG Packaging to buy Vietnamese converter Bien Hoa Packaging. Currently, as of the first quarter of 2017, SCG has 22 operations in Vietnam and more than 8,600 local employees. Whistleblowing. "With three manufacturing facilities near Ho Chi Minh City, in southern Vietnam, this acquisition will enlarge SCGP’s customer base particularly in food, beverage and FMCG segments and reinforce internal integration with its packaging paper manufacturing," Wichan added. SCG Packaging Public Company Limited Company Profile Registration No. With a total of 21 companies across Vietnam driven by more than 9,600 employees, SCG offers a variety of premium products and services. TPC Vina Chemical and Plastic Corporation Co., Ltd. (JV with Vietnam Plastic Corporation and Vietnam Chemical Group) 4. View Online . In Vietnam, SCG was involved in dozens of mergers and acquisitions (M&A) deals over the last 30 years with the acquisition or stake purchase at Prime Group, Tin Thanh Packaging, Binh Minh Plastic, and Long Son Petrochemicals … SCG Packaging (SCGP) forecasts its revenue next year will rise by over Bt100 billion thanks to its second polymer factory in Vietnam and acquisition of three paper and polymer packaging businesses. 2020 By The Nation SCG Packaging Pcl (SCGP) has finalised its acquisition of Bien Hoa Packaging Joint Stock Co (SOVI), a listed company in Vietnam that specialises in corrugated box and offset laminated packaging… ( Log Out /  SCGP informed the Stock Exchange of Thailand (SET) on Friday that it has acquired 12,076,587 shares, or a 94.11 per cent stake, in SOVI from the existing shareholders at the price of 171,450 dong per share, which is equivalent to the total payment of 2.07 trillion dong, or approximately Bt2.70 billion. “The balance sheet consolidation of SOVI will be as at the end of 2020, while the financial performance will be consolidated from January 2021.”. 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