SCG Packaging acquires 90.1% stake in New York recovered paper trader Jordan Trading

SCG Packaging acquired a 90.1% stake in Jordan Trading Inc., a New York recovered paper trader, for US$1.98 million through a Thai subsidiary, adding about 100,000 tons per year of sourcing capacity. The company also partners with Peute, the Netherlands' largest packaging material recycler.

“the Company recently acquired a 90.1% stake in Jordan Trading Inc.(Jordan), a trader of RCP based in New York, the USA.”newsroom.scgpackaging.com

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• newsroom.scgpackaging.comSCGP enters into packaging materials recycling business in the USA, enhancing raw materials sourcing capability and synergizing network in ASEAN and Europe to strengthen recycling efficiency - SCGP NewsroomSep 5, 2022

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