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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 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.