SCGP Sets Investment Budget of USD 318 Million to Drive Growth Strategy in ASEAN - Papermart
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SCGP Sets Investment Budget of USD 318 Million to Drive Growth Strategy in ASEAN

SCGP sees investment opportunities in Vietnam and Indonesia, along with market expansion in India, a high-potential market. The company will focus on investments in consumer packaging segments to enhance capabilities and strengthen production integration across the value chain.

Feb 23, 2026

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SCG Packaging Public Company Limited (SCGP) has allocated a total investment budget of 10,000 million Baht (USD 318 million) for 2026, advancing its growth strategy: expanding consumer packaging businesses, integrating production across the value chain, and improving cost management efficiency. 

The company is strengthening manufacturing efficiency through the adoption of automation and Artificial Intelligence (AI) to boost competitiveness and deliver comprehensive solutions that meet customer needs. SCGP also sees investment opportunities in Vietnam and Indonesia, along with market expansion in India, a high potential market.

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Mr. Wichan Jitpukdee, Chief Executive Officer, SCG Packaging Public Company Limited (SCGP), revealed that the company has set a total investment budget of 10,000 million Baht, with an EBITDA target of 18,300 million Baht (USD 582 million). The company sees opportunities to expand investments in Vietnam and Indonesia, as well as to grow its market presence in India, where the overall economic outlook shows strong and resilient growth. 

SCGP will focus on investments in consumer packaging segments to enhance capabilities and strengthen production integration across the value chain. In addition, SCGP has implemented automation, the adoption of robots, collaborative robots (cobots), and Artificial Intelligence (AI) in its production processes to improve precision in packaging quality control, reduce costs, enhance raw material management, and ensure consistent delivery of high-quality products to customers. 

The company plans to further expand the deployment of these technologies to its overseas plants. SCGP continues to actively manage costs in Indonesia and  has adjusted energy supply contracts, with cost reduction benefits expected to be realized starting January 2026. The company also plans to increase the proportion of alternative fuel usage to 40%, up from 38%, to reduce greenhouse gas emissions in line with its ESG framework. Overall, SCGP aims to reduce total company costs by 600 million Baht in 2026.


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Regarding the packaging industry outlook for the first quarter of 2026, the overall economy and domestic consumption demand across ASEAN markets are expected to continue expanding, supporting steady growth in packaging demand. Packaging prices, recovered paper costs, and freight costs are projected to remain stable. Nevertheless, sales volume is expected to increase from the previous quarter, despite holiday periods in Vietnam and Indonesia. In Thailand, demand is supported by increased packaging usage during the festive season