Rengo's joint venture Thai Containers Group has approved an investment project to acquire 90% of Jin Zhong Fa Paper Industrial, a corrugated packaging manufacturer with one plant in Chonburi Province, Thailand. The deal brings Rengo's Thai corrugated plant count to 16.
SCG Packaging has completed the acquisition of a 90% stake in Jin Zhong Fa Paper Industrial, a corrugated containers producer in Chonburi, Thailand, for Baht 68 million. The deal adds 28,000 tonnes of annual capacity and will be consolidated from October 2026.
Bangkok Glass, BG Container Glass and Singha acquired a combined 25.1% stake in Bangkok Can Manufacturing from Toyo Seikan in a deal valued at over THB 499 million.
Thai packaging company BGC Container Glass agreed to buy 100% of Prime Packaging, a Thai maker of flexible plastic packaging and film rolls, for 580 million baht funded by bank loans. The share purchase agreement was signed on 28 February 2023, and revenue is expected from Q2 2023.
SCG Packaging acquired flexible packaging assets from Cyberprint Group in Thailand through its subsidiary Prepack for Baht 450 million, raising its Thai flexible packaging capacity by 12%. The assets are being integrated at Sinsakhon Industrial Estate, Samut Sakhon.
SCG Chemicals, a unit of SCC, will subscribe to 40,560,773 new A.J. Plast shares, about 9.22%, at 17.15 baht per share, totaling roughly 696 million baht, in a private placement.
Bangkok Glass Group's container glass unit BGC reportedly bought a 25% share in BS Glass Recycling Company, Thailand's largest buyer of used glass bottles, as part of its strategy to invest in clean energy and paper packaging.
SCG's Packaging Business acquired an 80% stake in Visy Packaging (Thailand) from Visy Singapore Investments for about 4,341 million THB, adding thermoformed food packaging capacity.
Toppan Printing and ITOCHU agreed a capital and business alliance to acquire a 10.7% stake in TPN Food Packaging, a Thai flexible packaging company set up by the TPN Group, targeting food and toiletry packaging.