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Thailand's SCG Packaging plans $353 mln Vietnam expansion tuoitrenews.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tuoitrenews.vn Daily Mail and Mail on Sunday newspapers.
SCG headquarters in Bang Sue District, Bangkok, Thailand. Photo courtesy of SCG HANOI (Vietnam News/ANN): After buying Duy Tân Plastic Corporation, Thailand’s Siam Cement Group (SCG) is cementing its domination of Vietnam s plastic production industry. Under the contract signed on Feb 9 via a virtual conference, Duy Tân will sell 70 per cent of its shares in five of total twenty-two subsidiary companies, including Duy Tân Plastic Manufacturing Corporation and Duy Tân Long An Corporation, to SCG’s SCG Packaging, Duy Tân said. Duy Tân Plastic is a leading company in the plastic goods market in Vietnam with revenue of VNĐ4.7 trillion in 2020. It has nearly 1,000 commodities units and 16,000 distribution agents across the country. ....
Thailand's SCG dominates Vietnam's plastic production industry phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.
Thai giant consolidates foreign dominance of Vietnam packaging industry vnexpress.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vnexpress.net Daily Mail and Mail on Sunday newspapers.
Thai company to buy 70 pct of Vietnamese plastic giant By Dat Nguyen February 18, 2021 | 01:30 pm GMT+7 Trucks of Duy Tan Plastics seen at a factory. Photo courtesy of Duy Tan Plastics. A subsidiary of Thai conglomerate SCG Group is set to buy a 70 percent stake in Vietnam’s Duy Tan Plastics. SCG Packaging Public Company Ltd (SCGP) said in a statement the deal, whose value it did not disclose, is expected to be completed in mid-2021. Duy Tan is Vietnam’s largest producer of rigid plastic packaging products such as shampoo and food containers, of which it sells 80 percent locally and exports the rest to the U.S. and some other countries. ....