News SCGP receives “Best Innovative Company Awards” in SET Awards 2024 Loading Data… SCG Packaging Public Company Limited or SCGP, represented by Mr. Thalengsak Ratchburi, Chief Operating Officer of Fibrous Business, received the “Best Innovative Company Awards”in the category of SET Awards of Honor in SET Awards 2024 organized by the Stock Exchange of Thailand in collaboration with Money & Banking Journal. This award reflects SCGP’s excellence in creating and developing valuable innovation that has continuously advanced the industry from 2022 to 2024. SCGP was recognized for research and development of a “Novel Eucalyptus hybrid clones for sustainability” through controlled pollination between Eucalyptus species, advanced biomolecular techniques and tissue culture methods. The Novel Eucalyptus hybrid clones boost 40% faster growth, higher yield, and improved disease and pest resistance. Additionally, they adapt well to areas with drought and regions with normal precipitation, creating sustainable value throughout the supply chain. The award ceremony was recently held at the Stock Exchange of Thailand Building, Bangkok. Related Contents Loading Data…
Author Archives: SCGP 3
Duy Tan Plastics achieves Top 50 Corporate Sustainability Awards 2024, reaffirms commitment to ESG goals
News Duy Tan Plastics achieves Top 50 Corporate Sustainability Awards 2024, reaffirms commitment to ESG goals Previous slide Next slide Loading Data… Duy Tan Plastics Manufacturing Corporation (Duy Tan), member of SCGP, a leading manufacturer of rigid plastic packaging and houseware in Vietnam, has been honored with the Top 50 Corporate Sustainability Awards 2024 by Nhip Cau Dau Tu Magazine. The company received this recognition in the category of “Optimize the Use of Sustainable Materials” for its commitment to sustainability across multiple dimensions. This includes design improvement, the safe use of materials, reduction of new plastic pellets, recycling initiatives, sustainable product manufacturing, and environmentally friendly material research and development. Notably, Duy Tan is the only plastic product manufacturer to receive this award in 2024. The Top 50 Corporate Sustainability Awards 2024 are awarded based on key factors such as environmental protection, social responsibility and corporate governance. The evaluation process is conducted by a panel of experts from circular economy research institutes, media organizations, financial institutions, banks, and technology companies. The awards reflect Duy Tan’s ongoing commitment to ESG Principles. Related Contents Loading Data…
SCGP Announces the first nine-month Operating Results of 2024; Focuses on Sales Growth, Increases Proportion of Consumer Packaging, and Continues Cost Management Strategies
News SCGP Announces the first nine-month Operating Results of 2024; Focuses on Sales Growth, Increases Proportion of Consumer Packaging, and Continues Cost Management Strategies Previous slide Next slide Loading Data… SCGP announced the operating results for the first nine months of 2024 with total revenue from sales of Baht 101,553 million, an increase of 4% compared to the same period of last year. This growth was driven by higher sales volumes in both integrated packaging and fibrous business chains. Profit for the period was Baht 3,756 million, a decrease of 7% compared to the same period of last year due to increased costs. As a result, the company is focusing on adjusting portfolio to increase consumer packaging proportion, actively expanding high-growth potential packaging solutions, and committing to continuous cost management strategies and delivering sustainable value under the ESG framework. SCGP will anticipate growth of the packaging industry in the final quarter, driven by production for inventory stocking during festive seasons and recovery of exports and tourism. Wichan Jitpukdee, Chief Executive Officer of SCG Packaging Public Company Limited or SCGP, said that the overall packaging industry in ASEAN improved, attributed to increased domestic consumption and tourism activities. This has led to increased demand for packaging, such as consumer packaging and food and beverage packaging. There is also an expansion in exports of processed foods and agricultural products to the United States and Europe. However, towards the end of the third quarter, economy faced increased challenges due to appreciation of Thai baht and other ASEAN currencies, flooding in Thailand and Vietnam, which affected export capacity and stock preparation, and a slower-than-expected recovery of China’s economy. These factors have resulted in lower regional export volumes and demand for packaging paper, as well as increased costs for packaging paper due to higher recovered paper costs.SCGP has focused on the strategies to address these challenges by adjusting its product portfolio to increase consumer packaging proportion and by offering innovative packaging solutions to sustain profitability. This includes adjusting the export strategy of packaging paper from Indonesia to Vietnam, while the Chinese market is still recovering, and efficiently managing energy costs by leveraging of technology and Artificial Intelligence into production processes, and expanding these practices to other plants in ASEAN countries. Additionally, SCGP is increasing of alternative fuels usage. As a result, in the first nine months of 2024, SCGP reported revenue from sales of Baht 101,553 million, an increase of 4% compared to the same period of last year. This growth was driven by continuous expansion across all business units, increased exports, and a recovery the durable goods sector. EBITDA stood at Baht 13,282 million, a decrease of 1% compared to the same period of last year. Profit for the period was Baht 3,756 million, a decrease of 7% compared to the same period of last year.For the operating results in the third quarter of 2024, revenue from sales was Baht 33,371 million, an increase of 6% from the same period of last year due to improved sales volumes of paper and plastic packaging and higher dissolving pulp sales, but a decrease of 3% compared to the previous quarter from lower packaging paper export sales volume. EBITDA was Baht 3,496 million, a decrease of 17% from the same period of last year and a decrease of 25% from the previous quarter. Profit for the period was Baht 578 million, a decrease of 56% from the same period of last year and a decrease of 60% compared to the previous quarter. This was due to the rise of recovered paper costs across operations, and the appreciation of the Thai baht, which impacted export products such as foodservice packaging and dissolving pulp.Wichan added that the overall packaging industry in the final quarter of this year is expected to grow. This growth is anticipated that consumer goods industrial sectors will build up inventories in response to projected rise in consumer spending. Supporting factors include a rebound in service and tourism sectors, along with the government’s economic stimulus measures. It is expected that the demand for durable goods will increase in preparation for festive season. Meanwhile, China’s economy is expected to see modest improvement. The price of recovered paper is expected to decline in the previous quarter. SCGP continues to actively expand the consumer packaging solutions business, focusing on high-growth segments such as foodservice packaging and medical supplies and labware to drive sustained growth. Recently, the company collaborated with Once Medical Company Limited to develop syringes and other high-quality medical supplies and labware. This partnership aims to enhance the production capabilities of VEM Thailand and to expand the customer network. Additionally, SCGP has focused on cost management and increasing profitability by adjusting portfolio to boost sales of high-value products, increasing the proportion of packaging paper exports to countries with demand. The company is also increasing of domestically recovered paper usage and expanding its recovered paper procurement network. This includes improving production efficiency by effectively utilizing resources and continuously reducing energy costs.Moreover, SCGP remains committed to conducting business aligned with ESG framework and global environmental standards by continually increasing the Carbon Footprint Product certifications, covering product groups namely pulp, printing and writing paper, packaging paper, and plastic packaging, totaling 126 products. In addition, 16 processes involving printing and forming of paper packaging, as well as product groups of copy paper and food packaging (Fest), have received certification for a total of 19 products. Most recently, SCGP was upgraded to an ‘A’ ESG rating by MSCI. Additionally, the company received Climate Action Leading Organization (CALO) with Excellence level, from the Thailand Carbon Neutral Network (TCNN) for the second consecutive year. Related Contents Loading Data…
Business Sector Unites to Drive Thailand’s Transition to Low-Carbon Society at CEO Forum: SCG ESG Symposium 2024
News Business Sector Unites to Drive Thailand’s Transition to Low-Carbon Society at CEO Forum: SCG ESG Symposium 2024 Previous slide Next slide Loading Data… Forty-seven private organizations from retail, wholesale, real estate, packaging, sugar, cement production, building materials manufacturing, industrial estates, and the Federation of Thai SMEs have united at the CEO Forum: SCG ESG Symposium 2024 to brainstorm and develop six key initiatives. These initiatives are as follows: 1) Promoting Sustainable Packaging, 2) Advancing Waste Management, 3) GHG and Waste Reduction in Construction Design, 4) GHG and Waste Reduction in the Construction Value Chain, 5) Supporting SMEs in Adapting to Global Changes, and 6) Energy Transition and the Saraburi Sandbox as a Pilot Area for a Low-Carbon Society. This approach aims to present proposals to the government to accelerate Thailand toward a low-carbon society and elevate the country’s competitive capabilities.Thammasak Sethaudom, President & CEO of SCG, said that to advance Thailand’s transition to a low-carbon society, SCG has invited representatives from the business sector to provide insights and propose collaborative strategies aimed at driving Thailand toward Net Zero, while creating opportunities and strengthening its competitive advantage. The brainstorming sessions yielded results across six strategic focus areas as follows: 1. Advancing Waste Management: Recycling waste materials to maximize their value is the most effective method of management. Currently, less than 20% of waste materials in Thailand are recycled. To address this, two solutions are proposed: First, managing waste from the source through separation to facilitate recycling, starting with private sector collaboration within buildings and various sites. Additionally, it is recommended that the government introduce regulations, beginning with wholesale markets as a model, and then expand to other sectors before implementing mandatory sorting laws. Another proposal suggests that the government establish an agency responsible for administering Extended Producer Responsibility (EPR) fees, with a clear objective of using these funds to efficiently and transparently manage waste. 2. Promoting Sustainable Packaging: Utilizing packaging made from recycled materials remains a solution with certain limitations, especially for food products, where packaging does not yet support extended shelf life. Therefore, the government should adopt policies that support businesses, such as tax incentives or investment in research and development for the private sector, to develop practical, affordable recycled-material packaging. Additionally, the government should focus on raising consumer awareness, particularly among youth, by integrating environmental education into school curricula. This approach aims to instill in the younger generation an understanding of the importance of environmental stewardship, promoting the long-term use of recycled packaging. 3. Supporting SMEs in Adapting to Global Change: Research indicates that SMEs face limitations in terms of human resources and funding. It is recommended that SMEs view ESG as a business opportunity, enabling them to explore new markets and reach consumers who prioritize environmentally friendly products. Additionally, adopting clean energy can help businesses reduce costs and increase product value. Meanwhile, the government should facilitate access to financing and provide “Green Priority” initiatives to help SMEs accelerate their adaptation, ensuring they do not miss future business opportunities. 4. GHG and Waste Reduction in Construction Design: A three-phase approach is proposed for managing greenhouse gas reduction in building design. The phases are as follows: (1) Upstream, by encouraging building designers to reduce both embodied carbon, which arises from building materials, and operational carbon, generated during the building’s operational phase; (2) Midstream, by offering government incentives such as tax benefits or low-interest loans for low-carbon buildings, and increasing the Floor Area Ratio (FAR) by 5-10% for buildings certified under green standards like LEED; and (3) Downstream, by maximizing the recycling of leftover building materials to re-enter the production process. 5. GHG and Waste Reduction in the Construction Value Chain: Every building has a high product carbon footprint, consumes substantial energy, and emits greenhouse gases across the entire value chain—from construction through to building management. Therefore, collaboration between the public and private sectors is essential. Private sector builders should adopt low-carbon building materials and share the knowledge and importance of reducing greenhouse gas emissions with contractors to strengthen collaboration. Meanwhile, the government should provide clear guidelines for buildings utilizing solar energy, allowing building owners to leverage carbon credits for other benefits or to enhance their competitive edge. 6. Energy Transition and the Saraburi Sandbox as a Pilot Area for a Low-Carbon Society: Saraburi Province, a major cement production hub, must prioritize clean energy transitions in both manufacturing and transportation processes. This requires collaboration among private sector players, such as electric vehicle manufacturers partnering with EV charging station installers. At the same time, the government should play a role in sourcing and supplying clean energy to the private sector to foster a “green infrastructure” ecosystem, including sustainable waste management through a Waste-to-Material approach that maximizes the value of leftover materials through technology. The success of the Saraburi Sandbox can then be extended to other provinces, such as Ayutthaya. This is a landmark event, as leading private organizations in Thailand, with a combined revenue exceeding Baht 1.25 trillion, have come together to find practical solutions for accelerating Thailand’s transition to a low-carbon society. This will create opportunities and enhance competitiveness for a sustainably growing Thai economy, as ‘the faster we change, the more opportunities we create,’ added Thammasak. Related Contents Loading Data…
SCGP receives two awards at the Business Partner Award 2024, ensuring a strong partnership focused on sustainability
News SCGP receives two awards at the Business Partner Award 2024, ensuring a strong partnership focused on sustainability Previous slide Next slide Loading Data… SCGP received the Business Partner Award 2024, earning both the Silver Award and the Sustainability Award from Thai Beverage Public Company Limited. These accolades highlight SCGP’s outstanding performance and dedication to sustainability for 2023-2024. Mr. Ekaraj Niroj, Chief Marketing Officer – SCGP, as a representative, accepted the awards at the SX Partnerships for the Goals: TSCN Business Partner Conference 2024 on October 4, 2024, at the Queen Sirikit National Convention Center. This recognition confirms the strong business partnership between SCGP and Thai Beverage in collaboration to bring values to customers and raise the industry standards for sustainability. Related Contents Loading Data…
Healthcare Supplies team at Thailand Lab 2024 showcasing expertise and innovation in medical equipment
News Healthcare Supplies team at Thailand Lab 2024 showcasing expertise and innovation in medical equipment Previous slide Next slide Loading Data… The Healthcare Supplies Business team is proud to showcase products and solutions at Thailand Lab 2024, held at BITEC Bangna.They presented their expertise in medical testing equipment distributed by Deltalab S.L., a member of SCGP, to address the needs of customers. Highlighted products included Deltaklean—a swab set designed for microbiological detection, a test kit for microbial contamination on smooth surfaces, RT-PCR test kits, and various laboratory equipment (Labware). In addition, the service solutions from Research Laboratory Services (RLS) and D.O.M (Direct Odor Monitoring), an innovative solution for odor analysis and monitoring, were also presented in the event. Thailand Lab 2024 brought together leading enterprises from around the world, featuring over 300 companies and more than 500 brands. The event showcased cutting-edge technologies, research breakthroughs, and innovations that cater to the evolving needs of industry professionals. These advancements align with current healthcare trends that consumers are increasingly prioritizing. Related Contents Loading Data…
SCGP awarded a plaque of honor for ‘Leading Organization in Greenhouse Gas Management – Excellent Level’
News SCGP awarded a plaque of honor for ‘Leading Organization in Greenhouse Gas Management – Excellent Level’ Loading Data… SCG Packaging Public Company Limited (SCGP), represented by Chanathip Kupradit, ESG Integration Manager (left side), received a prestigious plaque of honor for being a ‘Leading Organization in Greenhouse Gas Management – Excellent Level, Industrial Products Category 2024’also known as Climate Action Leading Organization (CALO) – Excellence Level, for the second consecutive year from the Thailand Carbon Neutral Network (TCNN). The award was presented by Jatuporn Buruspat, Permanent Secretary of the Ministry of Natural Resources and Environment, in recognition of SCGP’s leadership in greenhouse gas management and its contribution to Thailand’s transition toward a low-carbon economy and the achievement of Sustainable Development Goals (SDGs). SCGP conducts its business with a strong focus on mitigating climate change impacts and reducing greenhouse gas emissions. Its sustainability initiatives encompass key sectors such as pulp, printing & writing paper, packaging paper, paper packaging, foodservice packaging, and plastic packaging, all of which are certified under the Carbon Footprint of Product Certification, ensuring environmentally responsible production processes. Related Contents Loading Data…
SCGP Signs MOU with Once Medical to Strengthen Medical supplies and labware Solutions in Thailand
News SCGP Signs MOU with Once Medical to Strengthen Medical supplies and labware Solutions in Thailand Previous slide Next slide Loading Data… SCG Packaging Public Company Limited (SCGP), represented by Mr. Danaidej Ketsuwan, Chief Financial Officer (CFO) and Mr. Karan Tejasen, Chief Operating Officer – Healthcare Supplies Business, signed a Memorandum of Understanding (MOU) with Once Medical Company Limitedrepresented by Dr. Puttisak Sattayaprasert, M.D., Chief Executive Officer (CEO), to collaborate on developing syringe and other medical supplies and labware. This partnership aims to enhance SCGP’s packaging solutions, medical supplies and labware businesses, while also robustly and comprehensively broaden customer network. Related Contents Loading Data…
Prepack receives Silver Award at A-PLAS 2024 for Innovative and Eco-Friendly Packaging Development
News Prepack receives Silver Award at A-PLAS 2024 for Innovative and Eco-Friendly Packaging Development Previous slide Next slide Loading Data… Prepack Thailand Co., Ltd. was honored with the Silver Award at The 5th Thailand Plastics Awards 2024, held during A-PLAS 2024. The recognition was awarded for the company’s development of the ANTI MOS packaging, specifically designed for disposable diapers. This innovative packaging effectively prevents product odor from escaping while being fully recyclable. Mr. Virat Wongvarodom, Managing Director – Prepack, accepted the award on behalf of the company on September 19 at the Bangkok International Trade and Exhibition Centre (BITEC), Bangna. The ANTI MOS packaging is produced from PE-EVOH film through a co-extrusion blown film process, and fully recyclable, receiving recognition from leading recycling organizations, including CEFLEX. Designed to work with existing machinery, the packaging reduces environmental impact without compromising durability, cleanliness, or safety. This achievement demonstrates Prepack’s commitment to delivering high-quality, sustainable packaging solutions that meet both consumer needs and environmental goals. The award further reflects Prepack’s leadership in responsible packaging on an international level. Related Contents Loading Data…
VEXCEL in SCGP received international certification from the Association of Plastic Recyclers (APR), guaranteeing that its recyclable plastic packaging meets global green standards.
News VEXCEL in SCGP received international certification from the Association of Plastic Recyclers (APR), guaranteeing that its recyclable plastic packaging meets global green standards. Loading Data… Vexcel Pack Company Limited in SCGP focuses on developing products for a sustainable world. Recently, the company has received the international certification from the Association of Plastic Recyclers (APR) for its innovative Barrier PP multi-layer polypropylene packaging, which prevents oxygen permeation. This packaging not only extends the shelf life of ready-to-eat foods but is also recyclable into polypropylene plastic. The product aligns with environmental trends by increasing the use of recycled plastics and reducing the use of new plastics. The Association of Plastic Recyclers (APR) is the only international non-profit organization in North America that focuses specifically on improving the plastic recycling process. It aims to drive market demand for recycled plastics (PCR), encourage manufacturers to incorporate recycled materials into their products, and promote efficient plastic use in line with circular economy principles. The APR certification will boost confidence among Vexcel’s strategic customer in the United States regarding environmental sustainability. Beyond affirming the quality of products and services, the certification highlights SCGP’s commitment to thoughtful design. Vexcel collaborates with customers to develop packaging that not only meets functional needs but is also recyclable. This achievement is another significant step in our commitment to developing environmentally sustainable products in accordance with ESG principles and global standards. Related Contents Loading Data…