# SCG Packaging plans $353.9 million packaging paper plant in Vinh Phuc, Vietnam

Thailand's SCG Packaging announced an 11.8 billion baht expansion in packaging paper in Vietnam through joint venture Vina Kraft Paper, building a new facility in Vinh Phuc to start in early 2024.

- Type: New facility
- Announced: 2021-09-20
- Where: Vinh Phuc province, Vietnam
- Value: $353.9M (11.8B THB)
- Status: announced
- Capacity: 870,000 tonnes of packaging paper per year, up from 500,000
- Products: packaging paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SCG Packaging](https://endata.com/companies/1313.md)
- [Vina Kraft Paper](https://endata.com/companies/1329.md)
- [Rengo](https://endata.com/companies/1314.md) (partner)
- [SCG](https://endata.com/companies/1340.md) (partner)
- [Kraft Vina](https://endata.com/companies/8410.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/business/thailands-scg-packaging-plans-353-mln-vietnam-expansion-2021-09-20/), 2021-09-20: "A new facility will be built in Vinh Phuc province in northern Vietnam, to begin operations in early 2024."
- [baodautu.vn](https://baodautu.vn/scg-du-tinh-dau-tu-them-353-trieu-usd-cho-mang-bao-bi-giay-tai-viet-nam-d151884.html), 2021-09-21: "một khu phức hợp mới tại tỉnh Vĩnh Phúc sẽ được xây dựng và bắt đầu hoạt động vào đầu năm 2024"
- [packagingworldinsights.com](https://www.packagingworldinsights.com/non-food/scgp-investing-in-new-production-base-in-northern-vietnam-boosting-integrated-operations-to-meet-growing-packaging-demands-in-asean/), 2021-09-22: "SCGP has decided to expand through Vina Kraft Paper by building a new major complex in Vinh Phuc"

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