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

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June 25, 2025

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.

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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.

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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

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June 25, 2025

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 Consumers
To 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.

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

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June 23, 2025

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.

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SCGP partners with LINE MAN Wongnai to expand distribution channels via LINE MAN MART, meeting customers in the digital era

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June 23, 2025

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

SCGP Drives Industry-Level Sustainability, Shares Knowledge at KAO Vendor Summit 2025

SCGP Drives Industry-Level Sustainability, Shares Knowledge at KAO Vendor Summit 2025

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June 16, 2025

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.

SCGP Drives ASEAN Growth Strategy, Strengthens Integrated Consumer Packaging Business in Vietnam

SCGP Drives ASEAN Growth Strategy, Strengthens Integrated Consumer Packaging Business in Vietnam

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10 June, 2025

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.

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SCGP Recognized for Global Sustainable Growth, Ranked Top 1% in S&P Global for Containers & Packaging, Listed in MSCI Global Small Cap Indexes

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SCGP Recognized for Global Sustainable Growth, Ranked Top 1% in S&P Global for Containers & Packaging, Listed in MSCI Global Small Cap Indexes

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June 9, 2025

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

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LocoPack Partners with UTCC Business School to Enhance Packaging Experience for Students, Leverage Skills to Develop the Next Generation of Entrepreneurs

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LocoPack Partners with UTCC Business School to Enhance Packaging Experience for Students, Leverage Skills to Develop the Next Generation of Entrepreneurs

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May 29, 2025

Recently, LocoPack, an integrated packaging design and production platform in SCGP, partnered with the Business school, University of the Thai Chamber of Commerce to conduct a special course for over 300 third- and fourth-year marketing students. This initiative is part of the ongoing “LocoPack x UTCC Business School” packaging workshop program, which is now in its third year. The course provided students with comprehensive knowledge of end-to-end packaging design processes from product analysis and brand communication planning to material selection and creative development, to placing real production orders through the LocoPack website. This hands-on learning experience allowed students to simulate real business workflows, connect with industry experts in full-service packaging, and explore potential future collaborations.

“Good packaging design must effectively communicate a brand’s positioning while also meeting practical customer needs, especially in today’s increasingly competitive market. This belief inspired our continued partnership with UTCC Business School, now in its third year. The project gives students a valuable opportunity to learn about and participate in the entire packaging design process. They can explore services and place real orders under their personal brand as aspiring entrepreneurs. Through this special course, students gain firsthand experience by designing and ordering packaging via the LocoPack website. The focus is on paper packaging, which is durable, versatile, easy to use, and highly popular among SMEs.” said Nichaya Anantawong, Co-Founder of LocoPack

“Learning through hands-on experience with industry experts like LocoPack has allowed students to gain practical knowledge and a comprehensive understanding of integrated packaging design. This course includes strategy, design, materials, brand communication, cost management, and pricing evaluation from the initial concept to the production order stage. These experiences align with the subjects currently being studied and can be applied in launching their own SME businesses without need for large capital investment. Our program emphasizes real-world learning and work. It is a meticulously designed curriculum that integrates everything about marketing, all in one place here.” Asst. Prof. Dr. Gun Indrakoses, Marketing Department, UTCC Business School added.

This collaboration project between LocoPack x UTCC Business School provided students with the overall picture of the packaging design process, a significant part of starting a business, and the selection of environmentally friendly packaging materials. Students can apply this to their current coursework and in future career opportunities as well.

Strong Team is Ready to Tackle Challenges!

Strong Team is Ready to Tackle Challenges!

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9 May, 2025

a LOT interviewed two members from the newly established team, Smart Industrial Solutions, about its role in creating value, including financial value from SCGP’s internal innovations and technology and empowering Thai industries. Our interviewees shared their perspectives on learning and work, which enabled them to fulfil their big missions.

Supinya Supajam (Fan)
Manager – Smart industrial Solutions

“My team has provided innovative solutions related to power plant service to external customers with the aim to uphold their plant reliability, which in turn ensures that our customers’ machines will be able to work more efficiently without any interruption.

“In the face of changing work environment, we have to adapt and learn more. For example, we need to be able to use Generative AI and write prompts so that we can keep up with new market trends. Also, we are responsible for sales and represent our company. Aware that what we do or say affects our company’s image, we always keep our words. It’s a way to build customers’ trust. If we say we can deliver products now, delivery must be made right away. Sometimes, we may need to sacrifice our time to assist customers when they have a problem to prove that we are truly reliable.

“Passion is important too. When we first entered the market, we were really worried. Yet, whenever we looked for support, seniors really had got our back. When we asked for advice from specialists, they were keen to help. So, we are no longer worried but ready to move ahead together now.”

Thitipat Charoenkitsupat (Ball)
Account Executive

“Our team serves as a coordinator between our plants and all relevant internal units and customers. Our solutions are customized like tailor-made suits, not ready-to-wear stuff. We study our customers’ needs and explain them clearly to plants to develop the right applications and foster a proper ecosystem.

“I have adapted significantly because my job details have changed a lot. In the past, I sold paper. But today, I am selling industrial solutions. Communications become more formal. So, I now focus on grasping opportunities, accumulating insights, gathering pain-point data, and looking for the right engineering teams to develop proper solutions for customers.

“Importantly, we need to listen well to our customers and communicate in the same language. If customers find us easy to understand and aligned with their perspective, work flows seamlessly. We must build customers’ trust by proving to them that we are reliable. That’s how we stay top of mind.

“Also important is the back-up team that supports our efforts to develop solutions for customers. As our products or solutions are novel, we used to be worried. However, whenever challenges arise, we receive full support from the back-up team. This gives us confidence and the courage to push forward in pursuit of success.”

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Jorakay Corporation Incessantly Conducts Business on Sustainability Principles

Jorakay Corporation
Incessantly Conducts Business on Sustainability Principles

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9 May, 2025

Jorakay has always operated its business with an ESG focus, which is integrated into its product development, raw-material selection, production process, and product usage. Its latest sustainability innovation, Jorakay Green Pack, comes out of its collaboration with SCGP.

Mr. Woraphot Tangmanuswong, Vice President-Marketing at Jorakay Corporation, said his Thai-national company has been growing throughout its 33-year journey because it is committed to presenting innovative and quality construction products that are functional, elevate quality of life, and reduce environmental impacts all at the same time.

Business for Family’s Happiness

“We are a company driven by a deep understanding of our customers’ pain points and needs—whether they are homeowners or professionals in the construction industry. Through continuous innovation and quality development, we ensure that our products truly meet users’ needs and remove their pain points. We have built our company and Jorakay brand with the aim to let them thrive alongside people, the environment, and the planet. To us, homes are not mere structures. They embody happiness for everyone,” Mr. Woraphot said.

“‘Jorakay’ is the First Mover in its industry. Our Crocodile Silver Premium Plus++ is the first anti-black mold cement grout in the Thai market. Designed for tile installation, this innovative product integrates anti-black mold technology out of understanding that Thailand’s tropical climate encourages mold growth. This innovation reflects that we don’t look at just raw materials used but also end-user benefits. Our focus has also applied to cement tile adhesive, chemical products, and paints for the construction industry.”

3 Greens in Jorakay Sustainability Framework

Because of its commitment to Innovation for Your Family’s Happiness concept, Jorakay or Crocodile has been a favorite among its customers. It knows what customers want and adopts innovations to develop increasingly better products. Mr. Woraphot said his company’s definition of family had now become broader too.

“With the broader definition, our Family is about our society, our subdistrict, our district, our province, our country, and even our world. As our family becomes bigger, we pay bigger attention to environmental and social responsibility too. ESG has answered our company’s business vision,” he said.

“Our operational strategy therefore integrates Jorakay Sustainability Framework, which has three key components or three Greens. The first, Green People, emphasizes that our staff must be green first. Only when all of our members are environmentally conscious to their DNA, can we help society protect the environment. The second, Green Process, is about eco-friendly manufacturing and work processes. The third is Green Planet. With our contributions, we will see greener families, districts, provinces, countries, and the world.”

Partner with Shared Goal for Mutual Growth

Recognizing the adverse impacts of climate change, PM2.5 crisis, and other environmental problems, Jorakay Corporation as a manufacturer continues to develop innovations for the purpose of serving environmental benefits.

“We are determined to apply sustainability concept to every aspect of our business operation in pursuit of Carbon Neutrality. Jorakay Green Pack is a result of our firm determination. Designed as an eco-friendly packaging, this pack aligns perfectly with Jorakay’s environmental policy. SCGP, an expert in packaging, has long been our partner. We have also shared the same green vision or the aspiration to curb environmental impacts. That’s why we worked together in developing Jorakay Green Pack based on Circular Economy concept. Our paper packaging is made mainly from recycled materials. Therefore, we have supported circular materials and reduced the usage of new resources,” Mr. Woraphot said.

“We will continue to develop our products across all categories in response to the growing demand. Our green philosophy will also extend far beyond Jorakay Green Pack, as we intend to operate our business for a sustainable planet by offering more eco-friendly products. If our partner shares the same focus on environmental care and sustainability, we are always ready to embrace recommended innovations that resonate with our business philosophy,” Mr. W