# SCG Chemicals and A.J. Plast form Vietnam BO film joint venture

SCG Chemicals and A.J. Plast will set up a joint venture in Vietnam to produce and distribute biaxially oriented film, with a total capital of 700 million baht, SCG Chemicals holding 45%.

- Type: Acquisition
- Announced: 2020-10-30
- Where: Vietnam
- Value: $22.6M (700.0M THB)
- Status: announced
- Products: biaxially oriented (BO) film
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SCG Chemicals](https://endata.com/companies/7171.md) (partner)
- [A.J. Plast](https://endata.com/companies/7172.md) (partner)

## Sources

- [kaohoon.com](https://www.kaohoon.com/news/international/397918), 2020-10-30: "to establish a joint-venture company with AJ that will engage in the production and distribution of Biaxially Oriented Film (BO Film) in Vietnam."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.