Spotlight Everyone is an authentic leader- Thalengsak Ratchburi Loading Data… With his career path enriched by experience, challenges, and self-development, Mr. Thalengsak Ratchburi, Chief Operating Officer, Fibrous Business, at SCGP, is here to share his perspectives that can be applied to yours as well. Hailing from Business Analysis & Planning Field Mr. Thalengsak started working for SCGP at the time it was still known as Siam Pulp and Paper Public Company Limited. He had spent his first decade at the company as an analyst in charge of formulating business strategies, evaluating returns on investments, and assessing a merger. All these tasks required attention to detail and staying close to actual work sites. “Working in analysis and planning taught me to dive deep into the details and stay present at the operational level with the team. But as I grew in my career and took on broader responsibilities, I realized that beyond focusing on the finer points of the work, it’s just as important to ensure a balance between team performance and well-being,” he said. “Each task involves collaborations with various teams—everyone has colleagues, subordinates, and supervisors with knowledge, expertise, and experience. Together, work becomes easier. “In the business cycle, there are, of course, both good times and bad times. The team I work with now has experienced both. So, they know what needs to be done—and how to do it.” Mr. Thalengsak’s career has included two stints abroad—one in the Philippines and the other in Indonesia. Looking back, he believes his employer has chosen him for those jobs based on suitability for both the organization and his part. “My stint in the Philippines has been a chance for me to learn and gain experience in a new environment. But my time in Indonesia was more about identifying where I could create value for the organization,” Mr. Thalengsak said. “Currently, I am responsible for the Fibrous Business, which covers the entire value chain—from cultivating eucalyptus plantations for pulp production to converting that pulp into paper. Originally, our main focus was on printing and writing paper. However, we have already transformed our business. Now, we have delivered a wide range of products for industrial sectors, including textiles that are made from dissolving pulp and foodservice packaging under Fest by SCGP.” No Safe Zone in the Business World “As Fibrous Business has already embarked on a transformation journey, my role is to explore new opportunities to build up further success on our existing business and expand further into consumer packaging sector via our foodservice. “Today, the business world is highly volatile. So, we need to be both careful and timely in implementing some aspects of our business transformation as well. “Every business must always be ready for change, because disruption can come from many directions—whether it’s technology, sudden shifts in demand and supply, or unforeseen challenges. I believe every organization needs a transformative mindset.” Growth Mindset Matters When Things Go Wrong “I believe that everyone, at some point in their career, has faced situations where things didn’t go as expected. I have usually emphasized to my team that not everything is under control. So, while working, we need to assess the situation, formulate proper strategies, implement them, and go all out. If the results are not as expected, we just need to conduct a review to determine if there is actually a better alternative. In every situation, we need to keep improving ourselves and maintain a growth mindset. When we don’t get desirable results yet, sometimes it’s just because we need some more time. “Another key point is that, as we grow in our roles, we should become more flexible—able to manage ourselves to take on various assignments and collaborate with diverse teams. If we believe in our ideas and methods, we should try to persuade others to support us. But if others have already developed a good concept and a practical framework, we should support them and adapt ourselves to fit with the team.” Everyone is an authentic leader “At the mention of leadership, we often think it’s about the person at the very top—or the holders of just a few positions below. But in reality, leadership exists within everyone. We thus shouldn’t place the burden of ‘leading’ solely on others. Each person must exercise their own form of leadership—by being a leader in their own way. You don’t have to be someone else—just a better version of yourself. I always tell team members to lead in their own style. Use their strengths and fix any flaws. In business, if we need capital, we can raise funds. We can also buy machines and technology. But what truly differentiates an organization is its leadership. “Ownership mindset is also important. I came to deeply understand this concept during my time in Indonesia. It means having the courage to ask questions. Don’t think too much about whether we have done beyond our scope of job responsibility. We should think about how we would act if we owned this business. This is because in the end, our actions can have a real impact on the bottom line of the business.” News Release ดาวน์โหลด เนื้อหาที่เกี่ยวข้อง Loading Data…
Author Archives: SCGP 1
SCGP receives Best Public Company of the Year 2025 – Packaging Sector at MONEY & BANKING AWARDS 2025
SCGP receives Best Public Company of the Year 2025 – Packaging Sector at MONEY & BANKING AWARDS 2025 Loading Data… SCG Packaging Public Company Limited or SCGP, represented by Mr. Danaidej Ketsuwan, Chief Financial Officer, received the “Best Public Company of the Year 2025 – Packaging Sector” award from Dr. Sethaput Suthiwartnarueput, Governor of the Bank of Thailand (BoT), together with Mr. Santi Wiriyarangsarit, Group Chairman – Money & Banking, at the MONEY & BANKING AWARDS 2025 ceremony. The award was given to companies listed on the Stock Exchange of Thailand (SET) with outstanding overall performance in the packaging sector and efficiency in overall business management, as well as SCGP’s operational results and growth for the year under business operations that consider Environmental, Social and Governance (ESG), while driving sustainable growth across all sectors. Related Contents Loading Data…
Hands-On Experience – Reimagined Design – Real Impact: Packaging Speak Out 2025 Elevates Packaging Mindset Among Youth
Hands-On Experience – Reimagined Design – Real Impact: Packaging Speak Out 2025 Elevates Packaging Mindset Among Youth Loading Data… Ho Chi Minh City, 07th July 2025 – The Packaging Speak Out 2025 student packaging design competition, organized by SCGP, has officially concluded with teams Hippoo and LUcK named as this year’s top winners. Both teams stood out not only for their creative thinking and commitment to sustainability, but also for their ability to deliver practical solutions tailored to two key consumer seasons in Vietnam – Tet (Lunar New Year) and Mid-Autumn Festival. Centered around the theme “Packaging Design Reimagined”, this year’s competition attracted strong interest, drawing participation from over 100 students representing many universities. More than just a creative playground, the competition offered a real-world learning journey, including an intensive bootcamp training model, thematic workshop, and the chance to work hands-on with experts from SCGP and Mondelez Kinh Do to develop, refine, and present their packaging solutions as actual project proposals.Mr. Sompob Witworrasakul, Chief Regional Officer, SCGP shared: “Packaging Speak Out is part of SCGP’s commitment to nurture a new generation of designers with an innovative mindset and a deep understanding of sustainability. After four seasons, the program has grown into a meaningful annual initiative that leaves a strong impression on the student design community. This year, under the theme ‘Packaging Design Reimagined’, SCGP continues to reaffirm its pioneering role in bridging education with real-world industry practices, fostering creativity, and elevating awareness of sustainable packaging in Vietnam.”This year, following a two-day bootcamp and more than two weeks of product development, the competing teams took on a wide range of real-world challenges—from concept creation, structural packaging design, and material selection, to assessing environmental impact and enhancing user experience.In the Tet Giftset category, team Hippoo impressed judges with their design titled “Tết Đoàn Viên” (Reunion Tết), inspired by the royal architecture of Huế and traditional Hàng Trống folk paintings. The design features elements like glazed tile roofs, “Tùng – Cúc – Trúc – Mai” (Four Gentlemen) motif paintings, and spring swallow patterns symbolizing reunion and prosperity. The packaging not only honors Vietnamese cultural heritage, but is also designed for reusability, biodegradability, and display appeal.Meanwhile, team LUcK presented their Mid-Autumn Festival giftset titled “Vương Nguyệt – Đêm trăng Kinh Đô” (Moonlit Royal Night), which integrates fashion, feng shui, and family interaction. The box can be transformed into a functional handbag, decorative photo frame, or even an interactive toy for children. Following the Reuse – Reduce – Recycle philosophy, the design combines aesthetic elegance with environmental friendliness, delivering a heartwarming and shareable user experience.Tan Khoa, representative of team Hippoo, shared: “The three keywords we took away from this experience were: realistic, professional, and hands-on. This wasn’t just a competition, but a highly practical playground where we got to experience a real working process, with incredible support from mentors—covering everything from packaging structure to idea communication. For me, this was a critical launchpad to unlock potential and gain a deeper understanding of the packaging industry. We are extremely grateful to SCGP and its partners for creating such a valuable opportunity for young creatives like us.”As part of the competition, SCGP also hosted a specialized seminar that brought together over 200 participants, including students, lecturers, and industry professionals. The event served as both an academic and practical forum where speakers from SCGP, the VDAS Design Association, and Starprint Vietnam, member of SCGP shared in-depth insights into the evolving packaging industry amid the rise of a new generation of consumers.The seminar emphasized that packaging today is far more than just a protective layer—it now plays the role of a “brand ambassador,” conveying a company’s values, emotions, and environmental commitments. In addition to exploring the latest trends in packaging design in the era of AI, big data, and hyper-personalized experiences, the discussions also addressed the ethical responsibilities of design—such as encouraging sustainable consumer behavior, driving material innovation, and achieving harmony between aesthetics, functionality, and environmental impact.Nguyen Thi Ngoc Lien – Corporate Government Affair Lead, Mondelez Kinh Do shared, “Packaging is a strategic element that connects our brands with consumers and brings our commitment to sustainable development to life. As a pioneer with a vision to lead the future of snacking, we continuously drive innovation and work alongside the young generation, equipping them with practical knowledge, creative skills, and a deep understanding of large-scale production processes. Initiatives like Packaging Speak Out allow Mondelez Kinh Do to collaborate with partners like SCGP in inspiring innovative thinking and nurturing young creative talent, who are the future enablers of sustainable packaging solutions”The experiential journey offered by Packaging Speak Out 2025 empowered students to push their creative boundaries and prepare for careers in the packaging and design industries. With this year’s outstanding success, SCGP once again affirms its commitment to empowering young generations, shaping the future of Vietnam’s packaging industry through creativity, professionalism, and sustainability. With the theme “Packaging Design Reimagined,” participating teams impressed with their creativity, sustainable thinking, and practical design approach—particularly tailored for the two peak seasons of Tet and Mid-Autumn Festival. In the Tet packaging category, the project “Tết Đoàn Viên” by team Hippoo revived the elegance of Hue royal architecture and Hang Trong folk paintings, featuring reusable, biodegradable, and visually appealing packaging. Meanwhile, the Mid-Autumn entry “Vương Nguyệt – Moonlight of the Imperial City” by team LUcK stood out for its aesthetics, versatility, and eco-friendliness. The packaging transforms into a handbag, photo frame, or toy—reflecting the Reuse – Reduce – Recycle philosophy. Packaging Speak Out 2025 is not only a creative playground for young people but also a hub for discovering the latest packaging trends through in-depth seminars with leading industry experts. Mr. Sompob Witworrasakul, Chief Regional Officer, SCGP reaffirmed the company’s commitment to bridging education and industry, nurturing a new generation of packaging designers through the creative platform Packaging Speak Out. Related Contents Loading Data…
SCGP Reports Q1 Growth, Expands ASEAN Domestic Markets, Strengthens Consumer Packaging, and Enhances Cost Management with Agile Strategy for Reciprocal Tariff
SCGP Reports Q1 Growth, Expands ASEAN Domestic Markets, Strengthens Consumer Packaging, and Enhances Cost Management with Agile Strategy for Reciprocal Tariff Loading Data… SCGP announced its operating results for the first quarter of 2025, reporting total revenue from sales of Baht 32,209 million, EBITDA of Baht 4,232 million, and profit for the period of Baht 900 million, an increase from the previous quarter. The performance was driven by the company’s agile adaptation strategy and expansion into the ASEAN market to capture domestic consumer demand. SCGP is advancing its medical supplies business, establishing a production base for syringes and needles. Furthermore, efficiency has been enhanced to reduce energy costs through artificial intelligence (AI) and machine learning, alongside effective cost management for recovered paper (RCP). The company outlined plans to address upcoming tariff by leveraging the strengths of its extensive regional production network, diverse product portfolio, access to high-potential export markets, and flexible for productions and raw materials management. Wichan Jitpukdee, Chief Executive Officer of SCG Packaging Public Company Limited or SCGP, said that the overall ASEAN packaging industry continued to grow during the first quarter of 2025, particularly in food and beverage and consumer packaging segments. This growth benefited from government economic stimulus measures, inventory preparation ahead of holidays in Thailand and Indonesia, the recovery of tourism, and export activities preceding tariff measures. However, packaging demand in certain segments within China and Vietnam was impacted by the New Year holiday period, combined with a slowdown in demand for durable goods resulting from increasingly constrained consumer purchasing power. SCGP is focusing on domestic sales within the ASEAN region to meet the increasing demand for packaging. This includes increasing the proportion of consumer packaging and adjusting the export strategy for packaging paper to countries in ASEAN, South Asia, and the Middle East. In addition, SCGP has successfully enhanced cost efficiency through the implementation of artificial intelligence (AI) and machine learning, as well as effective management of energy and recovered paper (RCP) costs. As a result, SCGP reported total revenue from sales of Baht 32,209 million in the first quarter of 2025, an increase of 3% compared to the previous quarter. EBITDA amounted to Baht 4,232 million, representing an increase of 49% from the previous quarter, and profit for the period was Baht 900 million, an increase compared to the previous quarter. Previous slide Next slide The outlook for the packaging industry is anticipated to continue growing in ASEAN in the second quarter of 2025. Demand within the consumer packaging segment is expected to keep growing, driven by domestic stimulus policies. GDP growth across the region is projected to average between 2-7%; while varying by country, this rate is anticipated to remain higher than that in other regions. Additionally, an increase in demand for packaging for export goods is anticipated ahead of the enforcement of tariff measures. Regarding cost factors, raw material costs for recovered paper and transportation expenses are expected to trend slightly upward due to regional demand. Energy costs are expected to remain stable. Nevertheless, challenges remain, particularly concerning the export sector, which requires close monitoring.To address the impact of the tariff measures, SCGP has prepared a proactive plan aimed at adapting rapidly, enhancing competitive advantages through product quality, collaborating, and developing marketing excellence initiatives. This strategy focuses on delivering products, services, and solutions responded to meet customer requirements. Furthermore, SCGP plans to leverage its extensive network of production bases across multiple countries and its diverse product portfolio, enabling SCGP to respond with speed and execution to evolving customer needs. The plan also includes exporting products to high-potential new markets and integrating the supply chain to effectively manage customer demand. Additionally, SCGP is exploring contract manufacturing arrangements to ensure competitive cost structures, such as foodservice packaging production in Eastern Europe.The company is advancing its growth strategy by focusing on market expansion within ASEAN and exploring new opportunities in the consumer packaging segment, with the goal of offering comprehensive packaging solutions. SCGP has entered into a joint venture, holding a 25% stake in Howa Packaging (Thailand) Company Limited, alongside Howa Sangyo Company Limited, to produce flexible packaging for wet pet food, with a production capacity of 6,000 tons per year. Commercial production is expected to commence in June this year. SCGP is also progressing its growth strategy for growth in the healthcare supplies market by collaborating with Once Medical Company Limited (Once) to leverage expertise in the production of syringes and needles at VEM (Thailand) Company Limited (VEM-TH) in Thailand. The investment is approximately Baht 142.3 million, with commercial production anticipated to begin in January 2026. This initiative will help reduce Thailand’s reliance on imported syringes and needles and expand sales opportunities through Deltalab, S.L. in Spain.The company has focused on developing sustainable packaging innovations, with revenue from the innovation and solutions segment accounting for 39% of total sales revenue in the first quarter of 2025, up from 37% in 2024. Recently, paper cutlery, an innovation comprising spoons, forks, and knives made from paper under the “Fest by SCGP” brand, received the top prize at the THAIFEX-HOREC Innovation Awards during the THAIFEX-HOREC Asia 2025. In addition, SCGP continues to drive its ESG initiatives to reduce greenhouse gas emissions. In the first quarter, the company increased the proportion of biomass fuel usage to 42%, up from 38% last year, exceeding its targeted goal. News Release Download Related Contents Loading Data…
SCGP Drives Consumer Packaging Innovation Enhancing Quality of Life and Meeting Evolving Consumer Trends
SCGP Drives Consumer Packaging Innovation Enhancing Quality of Life and Meeting Evolving Consumer Trends Loading Data… Amid the rapid growth of the consumer goods market and the fast-evolving behavior of consumers, packaging design that meets demands and enhances user experience has become a key delivering for SCG Packaging Public Company Limited or SCGP, reflected in SCGP’s continuous development of innovative consumer packaging solutions.Modern Packaging for a Convenient, Hygienic, and Eco-Friendly Lifestyle Today’s packaging plays a more diverse role. It must be customer-friendly, visually appealing, environmentally conscious, and hygienic. These qualities have become increasingly important to consumers and are now considered standard for consumer packaging. SCGP is advancing its packaging solutions to comprehensively meet these expectations, integrating functionality, safety, and sustainability to improve consumer well-being. This aligns with SCGP’s mission to be an integrated packaging solutions provider in the region, offering a wide range of innovative products and services while maintaining sustainable business practices. From Insight to Innovation: Packaging That Cares for ConsumersTo design packaging innovations that align with modern lifestyles, SCGP begins by diving deep into consumer insights. This thoughtful approach has inspired three key directions in packaging development. Eco-conscious packaging is created with biodegradable and recyclable materials, and optimized to use fewer resources supporting sustainability at every step. Technology-integrated packaging brings in digital features that enhance the user experience, enable stronger brand-consumer interaction, and deliver product information more effectively. Meanwhile, safe and convenient packaging responds to the demands of fast-paced living, offering ease of use, enhanced safety, and extended food preservation. Highlighting Integrated Packaging Solutions for the Modern Markets and Consumers At THAIFEX – ANUGA ASIA 2025, the Asia’s premier food and beverage trade show, SCGP showcased a range of innovative consumer packaging solutions, including: Connected Packaging – A part of SCGP’s Smart Packaging line, this innovation integrates a unique QR code on the packaging, allowing consumers to access detailed product information via smartphone. It also enables product authenticity verification, especially for supplements, skincare, and cosmetics while supporting brand engagement through promotions and customer behavior analytics. High Barrier Thermoform Packaging by Vexcel Pack Co., Ltd. in SCGP – Designed for food and fruit, this high-tech material extends shelf life up to 1–1.5 years at room temperature under the sterilization process specific to each product. Available in cups, trays, and jars, it is heat-resistant, lightweight, recyclable, and produced with a comprehensive waste management process. Airtight and Anti-Bacterial Food Containers by MATSU LOCK, packaging products by Duy Tan in SCGP – Made from food-grade PP, these containers keep fresh and dry food for weeks. They are microwave-safe without needing to remove the lid or press a button to vent. Leakproof and dishwasher/freezer-safe incorporate antibacterial technology that reduces bacterial build up by 99.9%, promoting hygiene and well-being.These innovations reflect SCGP’s commitment to advancing consumer packaging through integrated, varieties, user-friendly, hygienic, and safe solutions. They address the needs of various industries from consumer goods to retail and e-commerce while aligning with global trends emphasizing quality of life and sustainability. SCGP is ready to be a part of consumers’ everyday lives, enhancing well-being sustainably. Related Contents Loading Data…
SCGP Ranked in the Top 1% by S&P Global for Packaging Industry, Driving Circular Economy at Earth Jump 2025 Forum
SCGP Ranked in the Top 1% by S&P Global for Packaging Industry, Driving Circular Economy at Earth Jump 2025 Forum Loading Data… SCGP has reaffirmed its leadership in global sustainability, securing a position in the Top 1% of the S&P Global Sustainability Rankings for the third consecutive year. As part of its commitment to advancing the circular economy, SCGP showcased its innovative packaging solutions at the “EARTH JUMP 2025: TRANSITION THRU TURBULENCE” sustainability forum. Mr. Wichan Jitpukdee, Chief Executive Officer of SCG Packaging Public Company Limited or SCGP, stated that the company’s continuous efforts with partners to promote the Circular Economy, strive for Net Zero, and develop workforce capabilities aligned with organizational direction have enabled SCGP to remain resilient in the face of global challenges. Recently, SCGP has actively contributed to advancing Thailand’s economy amid the global climate crisis, preparing to face transformative challenges at the sustainability forum “EARTH JUMP 2025: TRANSITION THRU TURBULENCE” in a panel discussion, “Circular Economy and Waste Management – An Unmissable Climate Solutions.”“The Circular Economy is becoming increasingly vital and serves as a key survival strategy for businesses amid today’s global uncertainties. SCGP has embedded circular economy principles into its corporate strategy across five main areas to drive sustainable growth. First, SCGP focuses on Resource Recovery by reusing materials and sourcing over 99% of its paper from recycled content. It also emphasizes Circular Supplies, employing renewable energy and managing forest plantations that absorbed more than 300,000 tons of carbon last year. Additionally, the company designs packaging with Product Life Extension, helping reduce resource consumption by prolonging product usability. These three pillars have driven SCGP’s strong and sustainable growth, enabling the company to further expand into two additional areas that enhance future resilience and sustainability. SCGP is expanding into Product as a Service, transforming products into integrated service offerings to boost value chain efficiency. Furthermore, through a Sharing Platform, SCGP collaborates with partners to share assets, maximizing resource utilization and value creation.” “Considering the Circular Economy as an investment in the future rather than a cost can unlock new business opportunities. It requires actively seeking partnerships to build collaborative ecosystems and drive real impact. SCGP currently works with over 120 business partners and engages communities by promoting waste management and recycling knowledge. This effort has led to the development of the ‘Community LIKE (Zero) Waste’ project, which has earned national awards in four communities. Alongside these initiatives, SCGP continues to invest in sustainable packaging innovations, such as Paper Cutlery, including spoons, forks, and knives made from paper, and eucalyptus fiber-based foodservice packaging that is both recyclable and biodegradable within 60 days after disposal,” said Mr. Wichan.At the EARTH JUMP 2025 forum, representatives from various sectors came together to exchange approaches for advancing the circular economy, covering waste management, expanding collaborations, and building partnership networks. These efforts aim to drive business sustainability and deliver benefits to society. The forum served as a key platform for sharing circular economy strategies with businesses and diverse stakeholders to promote balanced growth across the economy, culture, and the environment, working collectively towards global sustainability. News Release Download Related Contents Loading Data…
SCGP partners with LINE MAN Wongnai to expand distribution channels via LINE MAN MART, meeting customers in the digital era
SCGP partners with LINE MAN Wongnai to expand distribution channels via LINE MAN MART, meeting customers in the digital era Loading Data… SCGP collaborates with LINE MAN Wongnai to enhance paper packaging distribution channels for logistics and Fest by SCGP packaging through the “LINE MAN MART” application, a leading delivery platform covering delivery area in Bangkok and surrounding metropolitan areas. The collaboration offers special discounts and speedy door-to-door delivery for customer convenience while reaching new target audiences. SCGP also aims to invite paper packaging distributors in Bangkok and the metropolitan area to join the project, ensuring faster and more comprehensive customer service. People in the photo (Left to Right): • Ms. Suthawal Prasongdee, Head of Business Development, LINE MAN (Thailand) Company Limited • Mr. Isriya Paireepairit, VP of Public Affairs, LINE MAN (Thailand) Company Limited • Mr. Ekaraj Niroj, Chief Marketing Officer, SCG Packaging Public Company Limited, or SCGP • Ms. Niramon Prewprasurt, Retail Channels Management Department Manager, SCG Packaging Public Company Limited or SCGP Related Contents Loading Data…
SCGP Drives Industry-Level Sustainability, Shares Knowledge at KAO Vendor Summit 2025
SCGP Drives Industry-Level Sustainability, Shares Knowledge at KAO Vendor Summit 2025 Loading Data… SCGP shares sustainability knowledge at KAO vendor summit 2025. Mr. Soonthorn Yongvibulsiri, ESG and Sustainability Director at SCGP, attended as a guest speaker on the topic “Decarbonization and Carbon Footprint.”, sharing experiences with business partners and encouraging collaborative sustainability efforts across the supply chain.During the discussion, Mr. Soonthorn Yongvibulsiri presented SCGP’s environmental goals that focused on the target to reduce greenhouse gas emissions by 25% by 2030 and to achieve Net Zero by 2050. He also shared strategies for carbon reduction and absorption, such as the use of alternative energy, Solar Cell and Biogas projects, the use of AI to manage carbon in forest plantation areas, and the collaboration with partners to reduce GHG emissions throughout the supply chain. SCGP’s participation reinforced its image as a sustainability leader, committed to advancing ESG in partnership with business allies to build a better future for the planet and society in tangible ways. Related Contents Loading Data…
SCGP Drives ASEAN Growth Strategy, Strengthens Integrated Consumer Packaging Business in Vietnam
SCGP Drives ASEAN Growth Strategy, Strengthens Integrated Consumer Packaging Business in Vietnam Loading Data… SCGP reinforces its strategy to expand growth in high-potential domestic markets within the ASEAN region by strengthening its consumer packaging business through the investment in Duy Tan Plastics Manufacturing Corporation (Duy Tan JSC) in Vietnam. This investment is intended to broaden its range of solutions, diversify its product offerings, and deliver integrated services in response to the growing demand for packaging solutions. Wichan Jitpukdee, Chief Executive Officer of SCG Packaging Public Company Limited, or SCGP, said that the company has invested an additional 30% stake in Duy Tan JSC, Vietnam’s leading producer of rigid plastic packaging products. The investment, totaling VND 2,825 billion (approximately THB 3,727 million), raises SCGP’s total shareholding to 100%. This move aligns with SCGP’s strategic focus on expanding its consumer packaging business and penetrating high-growth domestic markets within the ASEAN region, especially in Vietnam as a high-potential market due to economic growth and continuous inflow of foreign direct investment. Additionally, Duy Tan JSC offers leading proprietary branded products, which enhance the company’s competitive edge and support the company’s continued growth.Duy Tan JSC operates five manufacturing facilities in Vietnam and offers packaging solutions, innovations, and sustainable packaging to address evolving consumer lifestyles. Its customer base includes B2B clients such as multinational corporations and leading consumer goods manufacturers in Vietnam, as well as B2C clients. In 2024, Duy Tan recorded revenue of VND 5,381 billion (approximately THB 7,479 million) and a net profit of VND 578 billion (approximately THB 814 million), with total assets of VND 4,627 billion (approximately THB 6,177 million).This investment is part of SCGP’s strategic plan to expand and integrate its packaging business across the ASEAN region. The company is focused on fostering business synergies to develop innovative and comprehensive packaging solutions that offer greater variety and integration. This investment aligns with the company’s restructuring plan to operate a fully integrated packaging business in ASEAN, particularly in Vietnam and Indonesia, to ensure sustainable long-term growth in the region. News Release ดาวน์โหลด เนื้อหาที่เกี่ยวข้อง Loading Data…
SCGP Recognized for Global Sustainable Growth, Ranked Top 1% in S&P Global for Containers & Packaging, Listed in MSCI Global Small Cap Indexes
News SCGP Recognized for Global Sustainable Growth, Ranked Top 1% in S&P Global for Containers & Packaging, Listed in MSCI Global Small Cap Indexes Loading Data… SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics SCGP Article Topics News Release Download Related Contents Loading Data…