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Thailand's SCG Packaging (SCGP) agreed to acquire a 70% stake in offset folding carton producer Starprint Vietnam through its Singapore subsidiary, at an estimated value of VND676.08bn ($27.73m). The plant operates in the Long Binh Industrial Zone in Dong Nai, Vietnam.
“SPV will be SCGP's first high-quality rigid boxes facility in ASEAN and our first offset folding carton production base in Vietnam.”packaging-gateway.com
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