Milestone
SCGP continues to develop with experience through the business development for both upstream and downstream businesses, as well as the expansion of production base in domestic and international level, to become the “Packaging Solutions Provider” that truly meets the needs of customers. The business also operated on the basis of social responsibility, ensuring the sustainability of all sectors, and committed to continuously creating innovation that enhances customers’ assurance and sustainable mutual growth.
1975 - 2005 Foundation Period
1975
The beginning
Entering into packaging paper business
Pulp business
Entering into upstream pulp business
1979
1983
Printing & writing paper business
Entering into printing & writing paper business
Fiber packaging business
Entering into fiber packaging business
1995
1996
Expansion into overseas market
Expansion of packaging paper business into the Philippines, marking the first entry into overseas market
2006 - 2014 Regional Expansion
2008
Introduction of “SCG Paper” logo,
representing one of SCG’s core businesses
Launch “Idea” brand
photocopy paper into the market
Expansion in Vietnam
Establishment of Vina Kraft Paper Co., Ltd., packaging Paper business, and merger & partnership with New Asia Industries Co. Ltd., fiber packaging business
2009
2012
Merger & partnership
M&P with Alcamax Packaging (Vietnam) Co., Ltd. to expand fiber packaging business in Vietnam and capture high growth opportunities in both Northern and Southern part of the country
Joint venture
JV with Nippon Paper Group Inc. to establish Siam Nippon Industrial Paper Co., Ltd., to create comprehensive and diversified portfolio
Merger & partnership
M&P with Tawana Container Co., Ltd., Orient Containers Co., Ltd., and Dyna Packs Co., Ltd. to expand fiber packaging business
2012 - 2013
2013 - 2014
Expansion in Indonesia
M&P with PT Primacorr Mandiri and PT Indoris Printingdo to enter into fiber packaging business in Indonesia
Merger & partnership
M&P with Prepack Thailand Co., Ltd. to mark the first entry into consumer and performance packaging business - flexible packaging
2014
2015 - 2019 Total Packaging Solutions
2015
Rebranding
SCG Paper to SCG Packaging
Merger & partnership
M&P with Tin Thanh Packing Joint Stock Company (“Batico”) to enter into consumer and performance packaging business - flexible packaging in Vietnam
Merger & partnership
M&P with PT Indocorr Packaging Cikarang, the manufacturer of corrugated box in Indonesia
M&P with Conimex Co., Ltd., the manufacturer of rigid packaging
M&P with Precision Print Co., Ltd., the manufacturer of folding carton packaging
2017
2018
Merger & partnership
M&P with Interpress Printers Sendirian Berhad, a leading foodservice packaging company in Malaysia
Merger & partnership
55.0% acquisition of PT Fajar Surya Wisesa Tbk. (Fajar) to enter into packaging paper business in Indonesia
80.0% acquisition of Visy Packaging (Thailand) Ltd., leading manufacturer of high-barrier rigid food packaging
2019
2020 - 2021 Enabling Consumers' Solutions
2020
First trading on the Stock Exchange of Thailand (SET)
IPO on October 22, 2020 for financing both domestic and international expansion, financial restructuring, and working capital for the business
Enhance packaging solutions
Establishment of SCGP Inspired Solutions Studio at Thai Containers Group Co., Ltd., Navanakorn Plant, to create distinctive experiences and inspire new packaging ideas for customers
Merger & partnership
94.1% acquisition of Bien Hoa Packaging JSC (SOVI), one of the leading manufacturers of fiber packaging in Vietnam
Merger & partnership
100.0% acquistion of Go-Pak UK Limited (Go-Pak), one of the leading Foodservice Packaging solutions providers serving mainly UK, European and North American markets
Capacity expansion for rigid packaging
Expansion of 7th thermoform production line and warehouse at Visy Packaging (Thailand), adding 347 million pieces of capacity
Capacity expansion for foodservice packaging
Pressboard: +1,615 million pieces/year at Ratchaburi (Thailand) and Binh Duong (Vietnam) plants
Molded pulp: +223 million pieces/year at Kanchanaburi (Thailand) plant
Molded pulp: +223 million pieces/year at Kanchanaburi (Thailand) plant
Merger & partnership
70.0% acquisition of Duy Tan Plastics Manufacturing Corporation (Duy Tan), Vietnam's leading rigid plastic packaging producer, to diversify and integrate production capabilities in response for domestic and ASEAN market growth
75% acquisition of Intan Group, one of Indonesia's leading corrugated container producers with operations in 4 strategic locations: Surabaya, Semarang, Bekasi, and Minahasa
Acquisition an additional 20% stake in Visy Packaging (Thailand), resulting in SCGP stake in Visy increased from 80% to 100%
Inspired Solutions Studio
Establishment of SCGP Inspired Solutions Studio at Thai Containers Group (Ratchaburi Plant) to showcase packaging designs, solutions, and innovations; especially for food & beverage and fruit export customers
Merger & partnership
85% acquisition of Deltalab, medical supplies and labware specialist company registered in Spain, in line with the megatrend in healthcare and the growing tendency of aging society
2021
2022 - 2025 SCGP in Present
2022
Introduced the “SCGP” logo
Capacity expansion for fiber packaging
Expansion of fiber packaging capacity by 75,000 tons/year through Thai Containers Group Co., Ltd. (TCG) to meet growing Thailand demand
Merger & partnership
100.0% acquisition of Peute Recycling B.V. (Peute), the largest recycling company of paper and plastic packaging in the Netherlands, to strengthen SCGP’s packaging recycling capabilities and extend material supply network to meet customers’ and consumers’ higher demands
Rebranding to Vexcel Pack
Visy Packaging (Thailand) Limited rebranded to Vexcel Pack Co., Ltd., effective September 1, 2022
Merger & partnership
90.1% acquisition of Jordan Trading Inc. (Jordan), a trader of recovered paper (RCP) based in the US, to enhance SCGP’s capability to supply recovered paper while leverage expertise for SCGP’s recycling network in ASEAN and Europe
Asset acquisition of consumer and performance packaging
The purchase of assets in flexible packaging business from CyberPrint Group Co., Ltd., a multi-type printing and packaging service provider in Thailand, adding total production capacity by appoximately 12%
Merger & partnership
100% acquisition of Law Print, a prominent packaging solutions provider in the United Kingdom and Europe to strengthen sales channels and expand high-growth customer network
85% acquisition of Bicappa, a renowned medical supply and labware manufacturer in Italy for scientific equipment market entry, particularly in "pipette tips", advanced manufacturing technology, and ASEAN expansion potential
70% acquisition of Starprint Vietnam Joint Stock Company (SPV), an offset folding cartons manufacturer in Vietnam, to support the continuously increasing consumption of packaging
2023
2024
Merger & partnership
90% acquisition of VEM (Thailand) Co., Ltd. (VEM-TH), a polymer injection molding specialist, to grow packaging, medical, and laboratory equipment capabilities and extend the production capabilities of Deltalab S.L. and Bicappa Lab S.r.L. to meet the increasing demand
Acquired an additional 44.48% stake in FAJAR (now 99.71% owned), enabling comprehensive packaging solutions and business synergies in Indonesia's growing market
Acquisition an additional 30% stake in Duy Tan, resulting in SCGP stake in Duy Tan increased from 70% to 100%
Merger & partnership
100% acquisition of PT Prokemas Adhikari Kreasi (MYPAK), one of the leading corrugated container producers in Indonesia strengthen SCGP's corrugated packaging footprint in Indonesia, and expand consumer packaging capabilities (F&B, consumer goods), integrate paper-to-packaging value chain, and boost efficiency through operational synergies
2025
Summary of Business Expansions
Supplementary Information
