SCG Packaging, a subsidiary of Siam Cement Group, acquired the remaining 30% stake in Vietnamese rigid plastic packaging maker Duy Tan Plastics, becoming its sole shareholder. The transaction was valued at USD 108.6 million and was reported on 2025-06-12.
Thailand's SCG Packaging (SCGP) agreed to acquire a 70% stake in offset folding carton producer Starprint Vietnam through its Singapore subsidiary, at an estimated value of VND676.08bn ($27.73m). The plant operates in the Long Binh Industrial Zone in Dong Nai, Vietnam.
SCG Packaging's board approved buying a 70% stake in Starprint Vietnam JSC, an offset folding carton maker in Dong Nai, Vietnam, for up to 1,050 billion dong (about 1.5 billion baht). Flexible packaging maker Starflex will take 25% of the vehicle after the deal, which is expected to close in Q3 2023.
Indorama Ventures completed its acquisition of Ngoc Nghia Industry Service Trading JSC, a Vietnamese PET preforms, bottles and closures producer with four plants and 76,000 tons annual PET conversion capacity.
SCG Packaging (SCGP) completed its 70% merger and partnership investment in Duy Tan Plastics Manufacturing Corporation, Vietnam's leading rigid plastic packaging producer, with total payments capped at 6,400 billion VND and consolidation from August 2021.
Thailand's SCG Packaging signed a share purchase agreement on February 9 to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam's top rigid plastic packaging producer, as part of a THB10 billion (US$334 million) investment in Vietnam.
Rengo's joint venture Thai Containers Group acquired 94.11% of Bien Hoa Packaging, a listed Vietnamese corrugated packaging and folding carton maker near Ho Chi Minh City. After the deal Rengo will have six corrugated and two folding carton plants in Vietnam.
SCG Packaging completed its acquisition of a 94.11% stake in Bien Hoa Packaging (SOVI), a listed Vietnamese corrugated box maker, for about 2.07 trillion dong. The deal closed on 18 December 2020, with SOVI consolidated from January 2021.
TCG Solutions, a subsidiary of Thailand's SCG, registered to buy over 12 million shares (94.11%) of Vietnamese carton packaging maker Bao bi Bien Hoa, valued at about 978 billion VND. Transactions are expected between December 16 and 31, 2020.
Thailand's SCG Packaging (SCGP) signed a share purchase agreement to acquire 100% of Go-Pak UK Limited, a foodservice packaging maker with its base in Vietnam, expected to close around December 2020 and add over THB 2,800 million in annual revenue.
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%.
Siam Cement will acquire Vietnamese packaging materials maker Bien Hoa Packaging through a joint venture with Japan's Rengo; deal size is yet to be determined, and Bien Hoa produces 90,000 tonnes of cardboard boxes a year.
Rengo's Thai joint venture Thai Containers Group, through subsidiary TCG Solutions, acquired 94.11% of Bien Hoa Packaging, a corrugated cardboard and paper packaging maker near Ho Chi Minh City, Vietnam. The deal was announced on December 23.