News SCGP joins up with top distributors of medical supplies and labware Loading Data… SCGP joins in a partnership with three leading distributors of medical suppliers and labware to deliver innovations and solutions for medical supplies and labware in response to the growing demand for health and medical consumer products in Thailand and the ASEAN region, and to increase the opportunity for consumers to have access to high quality medical equipment. The focus will be on improving the quality of life and public health while enhancing business growth potential. Mr. Wichan Jitpukdee, Chief Executive Officer, SCG Packaging Public Company Limited, or SCGP, revealed that in the past year, SCGP has invested in Deltalab, S.L. (Deltalab), a manufacturer and distributor of medical supplies and labware in Spain, which was an important step for SCGP in its entry into the medical supplies market that will help to strengthen the business both in the exchange of technological knowhow, as well as in research and development and the delivery of high-value medical supplies and labware to the ASEAN market where customers have become more attentive to their health, particularly in Thailand where the aging society is growing fast. Also significant is that the Thai government has instituted a policy to leverage the country to ultimately become the medical hub of the region. Therefore, to be able to efficiently deliver products to customers, SCGP is partnering with three leading suppliers of medical devices and equipment in Thailand that possess strong distribution networks and are experts in health-related products and medical equipment. These companies are: Meditop Company Limited, Thailand’s leading importer and distributor of medical equipment, as well as laboratory analysis and scientific instruments with over 37 years of experience, and is well recognized and trusted by government and private agencies such as hospitals, universities, and pharmacies. At the same time, the company is also an exporter of medical devices and scientific equipment in the ASEAN region. Affinitech Company Limited, an importer and distributor of scientific devices and instruments, ready-to-use culture media, dehydrated culture media, automatic equipment for microbiology laboratories in the food, medicine and cosmetic industries, as well as for hospitals and universities. The company has more than 27 years of experience in the business. PCL Holding Public Company Limited, the market leader in medical analytical and diagnostic equipment in Thailand, with experience in the distribution of medical diagnostic equipment and reagents for more than 27 years. Moreover, the company has subsidiaries in the businesses of supporting modern technology applicable for medical laboratories with crucial role in the development of laboratory quality standards, along with expertise in Laboratory Information Software (LIS). “The collaboration with these three leading medical supplies and labware distribution companies will enhance the capability for expansion of the healthcare and medical businesses in Thailand to support consumers’ applications, and to increase the opportunity to quickly access the ASEAN market, leveraging the exchange of knowhow and information leading to driving innovations and new solutions, enhancing the potential of the medicine and public health aspects to meet the needs of consumers for access to medical equipment with high standard and uplifting the quality of life for sustainability,” Mr. Wichan added. Related Contents Loading Data…
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SCGP enters into packaging materials recycling business in the USA, enhancing raw materials sourcing capability and synergizing network in ASEAN and Europe to strengthen recycling efficiency
News SCGP enters into packaging materials recycling business in the USA, enhancing raw materials sourcing capability and synergizing network in ASEAN and Europe to strengthen recycling efficiency Loading Data… SCGP has been continuously expanding its investment in the packaging materials recycling business in response to the surge in market demand for sustainable packaging as part of the evolving consumer trends. This has led to the signing of share purchase agreement along with the completion of merger and partnership (M&P) for a stake in “Jordan Trading Inc. (Jordan)”, a trader of recovered paper (RCP) based in New York, the USA. The acquisition enables the Company to attain an additional 100,000 tons per year of recovered paper sourcing capacity, and enhances operational potential through the partnership with “Peute”, the Netherlands’ largest packaging material recycling company while being able to exchange knowledge to strengthen the efficiency of the recycling operations. Mr. Wichan Jitpukdee, Chief Executive Officer, SCG Packaging Public Company Limited, SCGP, announced that the increasing trend in the demand for sustainable packaging has motivated SCGP to continuously expand its investment in the packaging materials recycling business to fulfill such demands and enhance the Company’s packaging business operation at all levels, from diversified raw materials sources, the upstream and downstream production through the integrated packaging solutions. Thus, the Company recently acquired a 90.1% stake in Jordan Trading Inc.(Jordan), a trader of RCP based in New York, the USA. This transaction is made through a newly set-up, wholly-owned, Thai subsidiary of SCGP. Payment for the 90.1% stake is the immediate US$1.98 million (approximately THB 73 million). The remaining 9.9% stake in Jordan will be held by SCG International USA Inc. (or “SCG INTL US”), which is a subsidiary of The Siam Cement Public Company Limited. The consolidation of Jordan’s financial performance will be from September 2022 onward. Jordan is an established RCP trader with over 34 years of experience. The Company poses a sourcing network that largely spans the Mid to East coast of the USA, the largest exporting country of high-quality RCP, with annual sourcing capacity is 0.1 million tons of recovered paper per year with logistics management system that cover both inland transportation and sea freight. In 2021, Jordan recorded revenue of US$15.5 million (approximately THB 568 million), profit of US$0.1 million (approximately THB 4 million) with assets of US$3.2 million (approximately THB 117 million) at the end of the year. The latest investment marks an ongoing investment in the expansion of its packaging materials recycling business through merger & partnership following the latest disclosure in July when the Company entered into a 100-percent stake in Peute Recycling B.V., the Netherlands’ largest packaging materials recycling and trading company of paper and plastic. This transaction is part of SCGP’s medium-term strategic objectives to enhance the capability of its packaging materials recycling business and strengthen the Company’s integrated packaging business. Moreover, the synergy between Jordan and Peute will enhance SCGP’s sourcing capabilities and international network of recovered materials. The investment in Jordan would also augment the company with direct access to the source of high-quality American Old Corrugated Containers (“AOCC”) which is key raw material that adds premium strength to packaging paper and fiber packaging production. “SCGP is confident that this business synergy will enable company to exchange best practices and knowledge among SCGP’s distinguished ASEAN recycling network, Peute’s leading waste management model in Europe and Jordan’s efficient recycling operation in the USA with the aim to further strengthen the Company’s overall operational capability.” Mr. Wichan added. SCGP is committed to fulfilling and facilitating the increasing preference for sustainable packaging through products ranging from pulp & paper, packaging paper, fiber packaging, performance & polymer packaging, labware, and other outstanding solutions. Currently, the Company operates over 50 facilities across Thailand, Vietnam, Indonesia, the Philippines, Malaysia, the United Kingdom, Spain, and the Netherlands. Related Contents Loading Data…
VISY Packaging changed the name to Vexcel Pack
ข่าว VISY Packaging changed the name to Vexcel Pack Loading Data… Visy Packaging (Thailand) Limited changed the company’s name, the casual name and the logo to Vexcel Pack Co.,Ltd. from September 1, 2022 onwards. The details are as follows; About “Vexcel Pack” Vexcel Pack Co.,Ltd. in SCGP, a wholly owned subsidiary of SCGP, is a leading manufacturer of high-barrier and high performance Rigid Food Packaging—the packaging that can undergo high sterilization (retort) temperature which helps maintain freshness, prevent bacteria contamination and odor leakage, as well as extend shelf life of products without refrigeration, thereby reducing the amount of waste and carbon footprint. Vexcel Pack produces a variety of products such as cups, trays, and jars to accommodate customers’ needs. The service includes designing bright and colorful or transparent packaging that shows the products inside. All the company’s packaging and products also receive Food Safety System Certification (FSSC) and has gained recognition and confidence from the world’s leading companies in the fruit and food processing industry. Vexcel Pack is considered the integral part of SCGP that helps strengthen the development of Rigid Food Packaging and serves the needs of leading customers who have a wide range of well-known products in the food industry. SCGP determines to meet the needs for sustainable packaging. The company offers products from pulp and paper packaging made of high performance materials and polymers, as well as providing a variety of packaging services. Currently, SCGP have 57 production bases in several countries, including Thailand, Vietnam, Indonesia, The Philippines, Malaysia, The United Kingdom, Spain, The Netherlands and The United States. เนื้อหาที่เกี่ยวข้อง Loading Data…
MAHASAN THIERAVARUT : GRASP ALL OPPORTUNITIES, RISE TO CHALLENGES
News MAHASAN THIERAVARUT : GRASP ALL OPPORTUNITIES, RISE TO CHALLENGES Loading Data… Mr. Mahasan “Yai” Thieravarut, Managing Director of The Siam Forestry Company Limited, has worked under SCG for nearly three decades already. During his interview with P-DNA, he presented interesting work tips and encouraged everyone to have the courage to “grasp” opportunities and do something new. ENHANCE YOUR CAPABILITY THROUGH NEW CHALLENGES Joining SCG first as an analyst for The Siam Cement Public Company Limited, Mr. Mahasan spent about two years handling the transport of cement and building materials. He then won scholarship to further his studies at the Asian Institute of Technology (AIT). After his graduation, he returned as the chief of production planning for SCG’s automotive business. His new job was quite a big challenge because he had to supervise staff who were older and more experienced in the production field. But thanks to this job, he got a good opportunity to do something he had never done before. “When SCG started laying down its own fiber optics in 1995, I helped with IT affairs and Japan-based TQM (Total Quality Management) model. So, I was later invited to set up quality management system based on ISO 9000 too. After accepting the invitation, I worked alone but successfully completed the task with the counseling help of my respected acquaintances. When 3G technologies arrived, I was among the first to use SIM cards to track transport vehicles,” he revealed. “I always say ‘Yes’ to opportunities coming my way. I trust that my seniors know how to put the right man in the right job. Even though I may need to start from scratch in my new position, I see that as an opportunity to expand my knowledge.” ENTRY INTO PACKAGING BUSINESS In 2011, Mr. Mahasan stepped into packaging business as he was reassigned to manage Siam Kraft Industry Company Limited’s inventory and transport affairs. During the stint, he was most proud of setting up an automated warehouse for the firm. After that success, he landed in a new position at The Siam Forestry Company Limited. The Siam Forestry Company Limited in SCGP has provided integrated eucalyptus services. Its services cover variety development, seedling sales, counseling on planting, and purchases of eucalyptus wood from farmers. Presently, its business has expanded to agricultural products under Khudin brand. “In the beginning, Khudin sold just organic fertilizer. At the time I moved to the firm, this brand was still little known. To boost sales and raise brand awareness, we have decided to develop chemical fertilizer and various other farming products under the brand. Today, Khudin’s reputation has increased. We target small retailers and enjoy continued sales growth because they support quality products. At the same time, we have helped them with promotions,” Mr. Mahasan said. ATTITUDES MATTER THE MOST Mr. Mahasan’s good attitudes shine in his career. Optimistic, courageous, and ready to face all challenges, he focuses on pursuing his work goals. If obstacles arise, he tackles them even when they are not directly under his job responsibility. He is also inspiring. As an executive, he always motivates his team members to take up new challenges for shared goals. “I don’t sit inside an ivory tower. I always go to work sites to see how staff have worked. I also encourage them to speak up so that we can address problems together. To innovate things, failures may happen. It is just that we must learn to prevent them from recurring. For example, when we first deployed agricultural drones, staff were reluctant to fly the devices out of concern that any crash would cost dozens of thousand baht. I nudged my team to fly the device though. It really crashed one day. I did not ask why it plunged to the ground. I just asked my team how to prevent such crashes in the future. Learning by doing, my team has developed more skills and we can now make good use of drones,” Mr. Mahasan explained. “In addition, I have reiterated that my staff should have Plan B ready. What if Plan A won’t work? We have to look ahead. Think what will happen, prepare many plans, and keep pace with trends,” he emphasized. “I would like to inculcate good attitudes in everyone. Be open to new things and keep improving yourself. Do not stick with old work methods. Aside, do a lot of exercises to stay fit both physically and mentally. When we face problems, don’t get stuck. Move on,” he continued. “Last but not least, our firm has very good management tools and technologies. So, you should use them to improve yourself and your organization. Let’s go world-class!” he concluded. Related Contents Loading Data…
GLOBAL SUMMIT OF WOMEN 2022
News GLOBAL SUMMIT OF WOMEN 2022 Loading Data… Thailand received the honor to host Global Summit of Women 2022. Held between 23 and 25 June 2022 at Centara Grand & Bangkok Convention Centre at Central World, the event brought together leading women from across the world to address “Women: Creating Opportunities in the New Reality.” Playing host to this global event, Thailand has proven its potential to organize international forums and also to serve as a “World Destination.” Not only that Global Summit of Women 2022 brought spotlight to the need to drive economy in post-pandemic period and the importance of technologies/innovations, but it also promoted gender equality. Everyone, regardless of gender, could contribute to economic development. This international forum, moreover, fostered networking, international collaborations, exchanges of experiences, and inspiration for women. Connected were prominent females, be they employees, business owners, consumers, or investors. Mrs. Kaisri Nuengsigkapian, Independent Director and Chairman of the Audit Committee, SCGP, sat in the organizing committee of the latest Global Summit of Women. SCGP therefore got a role to play at this women leaders’ international conference, which was “carbon neutral”. Greenhouse-gas emissions of summit activities were evaluated, as the event focused on curbing its environmental impacts in every step from participants’ transport to catering and waste management. SCGP supported the cause by providing eco-friendly souvenirs and decor that celebrated Thai identity. Mrs. Kaisri emphasized that via the event, SCGP once again demonstrated its value and potential on an international stage. “SCGP always takes concrete actions to set examples of how to take care of the earth. Today, waste separation and tree planting alone are no longer enough. That’s why via this summit, we have shown what responsible businesses can do for society and the environment. As we supported the summit, we also demonstrated our design capabilities and creativity. Our products are functional. Aside, our businesses resonate with all important topics the summit sought to address,” Mrs. Kaisri said. “SCGP’s participation in the global summit will increase its international recognition, paving the way for the firm to reaffirm its packaging leadership and to expand further into overseas markets. On top of that, this participation will show the world what we can do.” WOMEN INSPIRE “In my younger years, it took an extraordinary level of effort for women to climb corporate ranks. But today, I can see more women at the helm of their organizations. Their status is inspiring. The global summit’s ‘Creating Opportunities in the New Reality’ theme reminds women that they should look for and grasp opportunities. Don’t deprive yourself of opportunities on the basis of your gender! Don’t wait for others to create opportunities for you. Changes will happen only when you embrace them. “Remember that learning is lifelong. Keep learning to expand your horizons. That helps you to adjust no matter how the world is changing.” MRS. KAISRI NUENGSIGKAPIAN INDEPENDENT DIRECTOR AND CHAIRMAN OF THE AUDIT COMMITTEE, SCGP IDEAS BEHIND DESIGNS Lotus-Shaped Paper Float Design Concept: Modernity, simplicity, durability, and beauty are at the core of this design. To visualize the concept, paper is layered with folding and forming. This float can hold a candle without the help of glue or other materials. As a result, recycling it is easy. Background Partition for Khon Display Design Concept: Inspired by Thai stupa, this background partition is exquisite. It is made through simple folding and forming techniques. Yet, its 3D pop-up gimmick enhances appeal and functionality. Summit Logo Model Design Concept: It is a 3D model of the global summit’s logo. It is presentable from all angles. Its exterior can be interpreted in two different ways: a flowerpot communicating about beauty and femininity; and a tree that speaks about the environment. Elephant-Shaped Souvenir Design Concept: This model souvenir is in the shape of elephant because this animal is strongly associated with Thainess. But for a modern touch, it embraces Polygon style. This elephant looks strong and formidable. Colorful prints on its paper parts are reminiscent of prism, which represents open-mindedness and growth mindset. The choices of materials reflect SCGP’s resource efficiency and environmental friendliness. The manufacturing process also relies on folding and forming because such techniques are friendly to the environment. Better still, all these products are functional, lightweight, foldable, reusable, and recyclable. Related Contents Loading Data…
SCGP adopts new logo to conform with its vision as a leading multinational company, to foster recognition of sustainable business vision
SCG Packaging Public Company Limited (SCGP) has adopted a new corporate logo that aligns with the vision to become a leading multinational integrated packaging solutions provider and reinforce business operations with targets that combine quality and sustainable growth. The inspiration is derived from the concept of the infinite growth of the business, community, society, and the world. Mr. Wichan Jitpukdee, Chief Executive Officer, SCG Packaging Public Company Limited, or SCGP, revealed that SCGP has drawn up a vision to transform the Company into “Multinational Consumer Packaging Solutions Provider” while putting in place a business plan to create growth with quality and sustainability. The goal is to expand the business and marketing operations to regional spheres such as ASEAN, Europe, North America, etc., the introduction of integrated solutions, the development of new products and innovations as well as services that are universal and sustainable, in order to offer experiences beyond expectation and the fulfill the demand of customers and consumers under the most modern production process and technology with the highest standard. Also significant is the Company’s business operation conducted with responsibility towards the environment, the society, and concern for every group of the Company’s stakeholders under the framework of the ESG concept. To emphasize vision and strategies, SCGP has redesigned the company logo to reflect the distinctiveness of the Company and its international identity that fosters strong linkage among subsidiaries within SCGP. The new logo also represents the delivery of high values to customers through products, services, and solutions, as well as reinforces and creates a clearer direction of the business operations towards continuous and sustainable growth. The new SCGP logo has been designed under the infinite growth of the business, community, society and the world concept based on the “SCG” logo with the use of large, bold capital letters to convey trust, confidence, and good governance that has long been accumulated over time. The letter “P” is the essential identity to represent “Packaging & Possibility” that together have been developed from “People”, including employees, partners, customers, and the society, with the “Passion” that everyone shares for our better “Planet” and the readiness for the “Infinite” growth. The four letters have been redesigned to be more rounded to reflect flexibility and adaptability, along with the selection of blue as the principal color of the logo to represent the brand’s reliable personality, while the orange color represents the inspiring personality based on the blue field. When the two colors are combined, the overall image represents a stable and sustainable driving force of creativity combined with the “Infinity Growth Line” to reinforce the circle of endless growth, as in the readiness to meet the demand of customers, consumers, partners, and the society. This new SCGP logo reflects the determination, dedication, and the will to lead SCGP towards the goals of growth at the ASEAN level and the readiness to expand to other regions consistently and sustainably supported by personnel who are unfailingly skilled and brimming with creative energy, and the business synergy within all of SCGP’s 57 production bases around the world, in Thailand, Vietnam, Indonesia, the Philippines, Malaysia, United Kingdom, Spain, and the Netherlands. The ultimate aspiration is to develop packaging solutions that can meet the customers’ diversified needs and satisfy the actual usage of the consumers that will help to make the way of life more convenient and comfortable.
SCGP Packaging Speak Out 2022 – Vietnam
News SCGP Packaging Speak Out 2022 – Vietnam Loading Data… Cuộc thi Thiết kế Bao bì SCGP Packaging Speak Out 2022 Việt Nam Cùng lên tiếng cho thế giới biết về thiết kế bao bì Cuộc thi Thiết kế bao bì SCGP 2022 được lấy cảm hứng từ chủ đề Hãy suy nghĩ lại cho mọi thứ tốt hơn cho những thế hệ trẻ, những người có niềm khát khao làm thế giới tốt đẹp hơn. TÓM TẮT NỘI DUNG CỦA CHƯƠNG TRÌNH/ THE BRIEFS Chúng tôi định nghĩa chữ “Bình thường” theo một cách khác biệt Đây là cơ hội tuyệt vời để thế hệ gen Z tạo ra thiết kế bao bì bền vững bằng cách gửi sản phẩm có mang tính “DỄ TÁI CHẾ” – “EASY to RECYCLE” hoặc là “NÂNG CAO GIÁ TRỊ ĐỒ TÁI CHẾ” – “UPCYCLE” Nếu bạn muốn góp một phần tiếng nói giúp thế giới này tốt đẹp hơn… Chúng tôi hân hạnh trao cơ hội này cho bạn. Trị giá giải thưởng lên đến 130,000,000 VND Hãy gửi bài dự thi của bạn tại SCGPackaging.com Từ 1 tháng 8 – 30 tháng 9 2022 Định nghĩa của chữ “EASY to RECYCLE” và “UPCYLCE” trong cuộc thi thiết kế bao bì SCGP Packaging Speak Out 2022 EASY to RECYCLE – Thiết kế sản phẩm bao bì đóng gói phù hợp cho việc tái chếbao gồm thiết kế cấu trúc dễ lắp ráp để tái sử dụng và thiết kế đồ họa trên bao bì có thể truyền đạt cho cho khách hàng hiểu về quá trình tái chếđơn giản nhất. UPCYCLE – Thiết kế bao bì để làm tăng tuổi thọ của bao bì trước khi thải bỏ bằng phương pháp thay đổi hình dạng của bao bì sản phẩm (Transformation) sau khi được sử dụng để Tái sử dụng (Reuse). Bất cứ nếp gấp, cắt hoặc lỗ thủng có sẵn trên bao bì từ ban đầu phải được giữ nguyên trong quá trình sản xuất. Ngoại trừ trường hợp sản phẩm bao bì nhựa, bạn có thể sử dụng dụng cụ để cắt, đâm, đục lỗ và dán trong quá trình xử lý. Cách thay đổi hình dạng của bao bì nên dễ dàng và không quá khó khăn cho khách hàng. Giải nhất: số lượng 1 giải Đội có số điểm cao nhất sẽ được nhận phần thưởng là số tiền trị giá 40.000.000 Đồng và giấy khen có đóng khung từ SCGP cho tất cả thành viên trong đội • Giải nhì: số lượng 1 giải Đội có số điểm cao thứ nhì sẽ được nhận phần thưởng là số tiền trị giá 30.000.000 Đồng và giấy khen có đóng khung từ SCGP cho tất cả thành viên trong đội • Giải khuyến khích: số lượng 3 giải Đội có số điểm cao từ thứ 3-5 sẽ được nhận phần thưởng là số tiền trị giá 20.000.000 Đồng Người tham gia cuộc thi là học sinh hoặc sinh viên từ 17-25 tuổi (không được quá 25 tuổi tính từ ngày cuối mà bạn gửi Đề tài sản phẩm) • Không giới hạn giới tính và quốc tịch • Người tham gia cuộc thi SCGP Packaging Speak Out 2022 – Việt Nam bắt buộc là công dân Việt Nam hoặc đang học ở cơ sở giáo dục tại Việt Nam. • Người tham gia cuộc thi có thể đăng ký đội từ 1-3 thành viên. Đội của bạn có thể bao gồm các thành viên đến từ cùng hoặc khác trường. Trong suốt quá trình diễn ra cuộc thi, các đội có quyền giảm đi số lượng thành viên trong đội nhưng không thể thay đổi hoặc thêm số lượng thành viên của đội mình. Remark The SCGP Packaging Speak Out 2022 contest is separated into two events: one in Thailand and one in Vietnam, which separates the workpiece evaluation and awards. Applicants must only consider participating in the program in one country only. Applicants who join both countries will be disqualified. The submission period of SCGP Packaging Speak Out 2022 in Thailand is from 1 August – 12 September 2022 Related Contents Loading Data…
SCGP delivered continuous growth in H1/2022, with impressive Q2 at Baht 37,982 million expects gradual recovery of ASEAN’s packaging demand, raised revenue target to Baht 150,000 million
News SCGP delivered continuous growth in H1/2022, with impressive Q2 at Baht 37,982 million expects gradual recovery of ASEAN’s packaging demand, raised revenue target to Baht 150,000 million Loading Data… SCGP reiterates the Company’s business potential with strong revenue from sales in H1/2022 at Baht 74,616 million, an increase of 31% compares to the same period of last year with Q2/2022 revenue from sales of Baht 37,982 million, which is an increase of 27% from the same period of last year. Solid revenue was mainly due to the increased demand for fiber packaging and foodservice packaging, continuous growth of all businesses, and the consolidation of financial performance from M&Ps. As demand for packaging in the ASEAN region has been recovering continuously, the Company is heading toward the second half of the year with aims to relentlessly pursue long term growth with quality, and develop sales channels to expand customer base to strategic and high-growth markets in tandem with business synergy to strengthen operational efficiency throughout the supply chain. Meanwhile, the revenue target for 2022 has been raised to Baht 150,000 million. The Board of Directors has approved H1/2022 interim dividend payment of 0.25 Baht per Share with XD-date on August 8, 2022. Mr. Wichan Jitpukdee, Chief Executive Officer, SCG Packaging Public Company Limited SCGP, disclosed H1/2022 revenue from sales of Baht 74,616 million, an increase of 31% compares to the same period of last year. The performance was a result of continuous growth in all businesses, as well as the consolidation of the financial performance of Duy Tan, Intan Group, and Deltalab while there was an increase in demand for fiber packaging and foodservice packaging. The EBITDA was Baht 10,365 million, a decrease of 4% from the same period of last year. Profit for this period was Baht 3,514 million, a decrease of 20% compares to the same period of the previous year due mainly to global increase in raw materials and energy costs across industries. The Q2/2022 performance was significantly improved comparing to Q1/2022, with revenue from sales totaling Baht 37,982 million, or an increase of 27% compares to the same period of last year. Profit for this period was Baht 1,856 million, a decrease of 18% from last year, while EBITDA was Baht 5,478 million, a decrease of 2% compares to the same period of last year. On July 26, 2022, the Board of Directors of SCGP has approved H1/2022 interim dividend payment of 0.25 Baht per Share (Baht 1,073 million), which is payable on August 24, 2022. XD-date on August 8, 2022, and record date on August 9, 2022. Mr. Wichan further said that the overall demand for packaging in the second half of the year for Thailand and the ASEAN region is expected to gradually improve from the government’s policy to reopen the country to stimulate the economy and boost the tourism industry along with related businesses. Consumers have become more confident in spending on consumer goods while the demands for packaging from various industries are improving, especially demands for frozen food, canned food, and pet food sector which are expected to continuously increase through the rest of the year. All these are positive factors in relation to the demand for packaging. However, it is still necessary to continue monitoring the global macroeconomic situations such as the rising inflation, potential economic recession and prolonged heightening in energy prices, and ongoing geopolitical conflicts in Europe. As for the business direction in the second half of the year, SCGP aims for quality growth with a total sales revenue target for this year at Baht 150,000 million, while continue to prudently manage the business operations and investments for business. Total investment budget for this year remains at approximately Baht 20,000 million which includes maintenance & production efficiency improvement projects, organic expansions, and mergers and partnerships (M&P). In the second quarter of 2022, SCGP has invested in the organic expansion project to increase the production capacity of fiber packaging in Thailand by another 75,000 tons per year to meet the growing demand for packaging in the country. Most recently, the Company has entered into the packaging material recycling business in Peute Recycling B.V. (Peute), and strategically invested in Imprint Energy Inc., the USA, a producer of printed batteries with an investment of approximately Baht 105 million for 3.3% share. Imprint is continuously growing in the industry with high growth potential. The knowledge and expertise acquired could be applied for future expansion in the ASEAN region, along with potential usage of technology for intelligent packaging. SCGP continues to pursue sustainable business operations in line with the ESG framework, to achieve its goal of Net Zero in 2050 through continuous development and optimization of production processes. In addition, the Company continues to grow the proportion of renewable energy, and develop innovative products & services and solutions with consideration of the effect on the environment, while expanding cooperation network to drive ESG. Recently, SCGP has announced a collaboration project with business partners such as Kao Industrial (Thailand) Company Limited (Kao), a leading manufacturer of consumer and chemical products, to create innovative and sustainable packaging. The partnership represents an important synergy between two companies that share mutual goals in developing environmental-friendly products and creating sustainable solutions for consumers. Related Contents Loading Data…
SCGP x THINKK Studio – Design Talks “TRANSFORMATION” Waste to Value
News SCGP x THINKK Studio – Design Talks “TRANSFORMATION” Waste to Value Loading Data… Recently, SCGP and THINKK Studio hold a Design Talks webinar called “TRANSFORMATION” Waste to Value on July 23, 2022, to address the commitment to excellence in business under the concept of ESG (Environmental, Social and Governance) and Circular Economy. SCGP always concentrates on natural resource reduction, the use of biodegradable materials, and the reuse of resources. Upcycle is one of SCGP concept that waste materials are recycled through a design and innovation process to prolong the material life cycle and create new products which are both distinctive and value-added. To represent the reinforcement of the community enterprise development projects, SCGP held a workshop in which the community enterprises in the field of handicrafts and students of design and materials science can share new ideas and create an invention from SCGP’s waste materials. Moreover, THINKK Studio, a Thai design studio, came to support them in the design thinking process and waste development. Mr. Decha Archjananun, Creative Director and Co-Founder of THINKK Studio, told about the studio’s diverse work from interior design, and furniture design to the experiment with a variety of materials. It, therefore, became a source of interest in the value-added of natural wasted. For example, ‘City Materials’ project that the team created a new invention by selecting 6 waste materials in Bangkok including plastic bags, coffee grounds, construction waste, incense sticks, government lottery paper, and scrap wood from cutting branches. ‘DEWA & DEWI 2021’, was the idea to create furniture such as student desk sets by using waste materials from entrepreneurs in the industry and agriculture. The design was considered by prolongation and cost-effectiveness of using natural resources. At the recent “TRANSFORMATION” Waste to Value workshop, Ms. Jarawee Thongboonruang, Project Coordinator, Mr. Phattharakorn Maneesilawong and Ms. Satita Saengsawat, Junior Furniture and Product Designer of THINKK Studio, shared the process of thinking, experiment and design on the transformation of 4 types of scrap materials as SCGP provided including Paper Bands, recycled plastic ropes from the blowing process of plastic bottles, plastic straws, and crushed recycled plastic. The designers started by investigating the different properties of materials such as the Paper Band and recycled plastic ropes, which are suitable for forming by weaving and polishing in Thai handicraft styles. The cylindrical plastic tube was proper for a comfortable grip. Crushed plastic was supposed to be melted into a template and formed like a plate with a durable surface. Ultimately, THINKK Studio formed 6 products from waste materials with different properties that we could use in our daily life: vase, lamp, handbag, tray, fan and tote bag. All participants in this workshop followed the instruction for these experiments afterward. The workshop generated more engagement among the community enterprises and students to let them bring the waste plastic bags to the heating process until they come out in thin sheets. These sheets became decorations with colourful and unique designs. Mr. Decha stated that the value added of waste materials began at the elementary level for individuals, such as using simple handicraft skills to make waste or household waste last longer. From the individual level extended to the community level where waste disposal and collection, waste processing must be considered. Furthermore, waste development at the industrial level has required collaboration with a network of the private sectors, government and research agencies because the significant thing is how to redesign waste material as effective as a new design and conform to the consumer lifestyle. Reviving the waste material through value-added may depend on the attitude and creativity of designers to foresee the result and determine how the product will be enhanced throughout the process of thought, touch and experiment with the possibilities of invention without any limitations. As THINKK Studio experimented with SCGP waste materials in this workshop which is more successful since we received many good feedbacks from participants. It is such a place providing opportunities to share creative perspectives and skills among students and community enterprises, who specialize in exquisite craftsmanship as the original capital. Lastly, it assured that all parties were inspired to develop their inventions. Upcycling notion should not manifest as a temporary trend but it is the key variable that will drive the future direction of product design with environment concerns. Related Contents Loading Data…
SCGP enters into Peute, the major European packaging materials recycling business with a million-ton capacity of recovered paper, progressively strengthen sustainability target
News SCGP enters into Peute, the major European packaging materials recycling business with a million-ton capacity of recovered paper, progressively strengthen sustainability target Loading Data… SCGP strategically moved into the rapidly-growing packaging materials recycling business via the acquisition of 100% stake in Peute, the Netherlands’ largest independent packaging materials recycling and trading company. The acquisition enables the Company to attain an additional one million tons per year of recovered paper and strengthens its integrated packaging business, from sources of raw materials, upstream and downstream production through to integrated packaging solutions, while also augments the ability to fulfil consumers’ needs for sustainable packaging and enhances the efficiency of recycling operations in ASEAN with leading technologies. Mr. Wichan Jitpukdee, Chief Executive Officer, SCG Packaging Public Company Limited, SCGP, announced that SCGP has completed the transaction to acquire 100% stake in Peute Recycling B.V. (Peute), the largest packaging materials recycling company covering both recovered paper and plastic in the Netherlands. Payment for the 100% stake is the immediate 78.19 million Euro (approximately 2,875 million Baht). This purchase is through SCGP Solutions (Singapore) Pte. Ltd., which is a wholly owned subsidiary of SCGP. Peute’s financial performance will be consolidated from July 2022 onward. The acquisition is an important pillar of the Company’s long-term strategy to strengthen all levels of packaging business from raw material sources, upstream and downstream production through to the integrated packaging solutions. It also represents another crucial milestone in the Company’s merger and partnership (M&P) plan. Peute is the largest independent packaging materials recycling and trading company of paper and plastic in the Netherlands with a strong relationship with customers for over 60 years. With solid operation and ability to continue business growth amid economic challenges in Europe, the Company recorded a revenue of 249 million Euro (approx. 9,160 million Baht) in 2021 with a profit of 3.2 million Euro (approx. 120 million Baht) and assets of 52 million Euro (approx. 1,930 million Baht) at the end of last year. Peute currently poses the ability to competitively source 1.0 million tons per year of recovered paper (RCP) and 0.1 million tons per year of recovered plastics at their facility in Dordrecht with ongoing project to relocate the facility to Alblasserdam, nearby Rotterdam port, to double the sourcing capacity and improve cost management efficiency. (more details on Peute on www.peute.nl) Mr. Wichan says he is confident that the latest investment will enable SCGP to quickly expand and grow in the packaging materials recycling business which is one of the integral parts of the Company’s long-term strategy to strengthen all levels of packaging operation, covering from upstream to downstream production, while also enhance the internal integration of SCGPs’ packaging solutions. The investment is aligned with the growing global awareness of sustainability, which leads to significant increase in the usage of recycled materials. The ability to directly access greater volumes of recovered paper and plastic will enable SCGP to meet the surging market demands as part of the evolving consumer trends. Furthermore, Peute’s expertise in advanced waste management and related technologies would help strengthen SCGP’s efficiency in packaging materials recycling operation in ASEAN. As SCGP has been continuously expanding the diversified and integrated packaging business, the key strategic raw material for fiber packaging operation is recovered paper. At present, SCGP’s annual usage of recovered paper reaches 4.4 million tons and is expected to increase along with the expansion of packaging paper capacity going forward. This expansion will boost SCGP’s competitiveness in terms of recovered paper sourcing networks; through owned recycling stations, direct collection from primary sources and local suppliers, as well as diversified import sources from the USA, Europe, Japan, and Oceania. SCGP is committed to fulfilling and facilitating the increasing preference for sustainable packaging through products ranging from fiber packaging, performance & polymer packaging, and other outstanding solutions. Currently, the Company operates 56 manufacturing facilities in Thailand, Vietnam, Indonesia, the Philippines, Malaysia, the UK, and Spain. Related Contents Loading Data…