Tuesday, May 26, 2020

Packaging firm to focus on Asean investment

Feb 13. 2020
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By THE NATION

SCG Packaging (SCGP), a company under SCG, forecast that its sales this year will expand in line with the projected growth of 6.1 per cent of the industry in Asean, said Wichan Jitpukdee, SCG's president/packaging, on Wednesday (February 12).

SCGP recorded Bt89 billion in sales last year. It has allocated Bt8 billion (excluding budget for merger and acquisition) this year for the expansion of its packaging capacity in Asean.

Currently, its main production base and markets are in Thailand, Vietnam, Indonesia, the Philippines, and Malaysia.

The company is focusing its investment in the Asean market, he said.

SCGP has submitted its plan to list in the Stock Exchange of Thailand (SET) to the Securities and Exchange Commission.

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