Malaysia's Scientex agreed to acquire a 70% stake in Hunan-based flexible plastic packaging producer Mintpack for RMB 167.3 million (about USD 25 million), with completion expected by end-2026.
In March 2023 SK Chemicals agreed a $100m asset transfer to acquire the chemically recycled BHET and PET business division of Chinese company Shuye.
HCT announced it has acquired 100% control of HCT Kent Packaging Ltd., a Chinese plant co-founded in 2006 with Taiwanese businessman Kent Lee. The 47,000 square metre facility makes plastic injection-moulded, extrusion-blow and injection-blow moulded packaging for beauty brands.
Hengan subsidiary Hengan Mega Jumbo Investments plans to acquire a 100% stake in Sunway Kordis Holding from Starmix for CNY 145 million ($23.05 million).
Pact Group has bought two Reynolds companies in Asia, according to Plastics News. The article gives no further details on location, price or date beyond December 5, 2017.
Amcor agreed to acquire Hebei Qite Packing, a Chinese flexible packaging company, for RMB 185 million (about USD 28 million). The deal is expected to expand Amcor's flexible packaging business in Asia.