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