SCGP has completed the acquisition of a 90% stake in Jinjongfa Paper Industry Co., Ltd., or JZF, a paper packaging manufacturer in Chonburi province, for a total investment of 68 million baht. Wichan Jitpukdee, Chief Executive Officer of SCG Packaging Public Company Limited, or SCGP, said JZF is a manufacturer of corrugated cardboard box packaging whose main customer base consists of operators in the fruit export market to China. In 2025, JZF had revenue of 205 million baht, total assets of 240 million baht, and production capacity of 28,000 tons per year. This investment will add another 28,000 tons per year of production capacity, expand the customer base among customers from China and the fruit export market, and capture growth opportunities in the packaging business in the eastern region. SCGP will begin recognizing JZF's operating results in its consolidated financial statements from October 2026 onward.
SCG Packaging Public Company LimitedSCGP completed the 68-million-baht acquisition of a 90% stake in Jinjongfa Paper Industry, adding 28,000 tons/year of capacity and consolidating JZF's results from October 2026.
