more info. SCG Packaging acqiires listed Vietnamese company. Corporate. Annual Report 2019 (Highlight) Download . In Vietnam, SCG was involved in dozens of mergers and acquisitions (M&A) deals over the last 30 years with the acquisition or stake purchase at Prime Group, Tin Thanh Packaging, Binh Minh Plastic, and Long Son Petrochemicals … Headquarters in Bang Sue 2. … 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)., The company owns a 94.11 percent stake in 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. FB Youtube. 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. COOKIE NOTICE | LEGAL | PRIVACY NOTICE | TAKE DOWN NOTICE. 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 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. Recently, StoxPlus has published a report on the market of plastic packaging in Vietnam. Key facts. The project will begin construction in Q3/2018 and is expected to start commercial operations in the first half of 2023 to … Whistleblowing. SCGP chief executive officer Wichan Jitpukdee said the Vietnam plant should be completed by the end of this year and would help boost production. Thai company acquires Bien Hoa Packaging have 310 words, post on english.thesaigontimes.vn at December 16, 2020. With a total of 21 companies across Vietnam driven by more than 9,600 employees, SCG offers a variety of premium products and services. 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." SOVI is a leading fibre- based packaging company whose clients are mainly well-known consumer brands. 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). Thailand’s SCG Packaging to buy Vietnamese converter Bien Hoa Packaging. IR Press Release. SCG Packaging Public Company Limited Company Profile Registration No. ALL … 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. Currently, as of the first quarter of 2017, SCG has 22 operations in Vietnam and more than 8,600 local employees. SCG now owns 20 subsidiaries in Vietnam covering a range of industries including cement, construction materials, chemicals, and packaging. SCG is one of Southeast Asia’s top conglomerate in fields of cement – construction materials, chemicals and packaging. The company owns a 94.11 percent stake in the company through its subsidiary Thai Containers … Siam Kraft Industry Co., Ltd. 1. SCG’s subsidiaries in Vietnam are: 1. Report this profile About Experienced Technical service with a demonstrated history of working in the packaging and containers industry. By The Nation. SCG Vietnam Co., Ltd. 2. Who are we. Wangsala Complex 3. SCG began operations in Vietnam in 1992 with trading and gradually expanded investment to cement-building materials, chemicals, and packaging. Currently as of the first quarter of 2017, SCG has 22 operations in Vietnam and more than 8,600 local employees. 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. “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. SCGP is a leading regional packaging company. In Vietnam, packaging paper accounts for nearly 50 percent of total paper consumption. Viet-Thai Plastchem Co., Ltd. 3. SCG, one of the leading conglomerates in the ASEAN region, comprises three core businesses: SCG Cement-Building Materials, SCG Chemicals, and SCG Packaging. 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. 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