News within the industry of pulp and paper, Jul, 22 2019
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SCG buys majority stake in Indonesian paper packaging firm Fajar

Photo: Fajar Paper
Photo: Fajar Paper
Published by
Simon Matthis - 15 May 2019

Thailand-based SCG has purchased a majority stake in Indonesian paper packaging firm Fajar Surya Wisesa for around THB21.15bn ($665m).

The acquisition of Fajar will allow SCC to enhance its ASEAN growth platform, especially in Indonesia that provides tremendous future growth opportunity for SCG Packaging.

FajarPaper is a leading packaging paper manufacturer in Indonesia with an installed capacity of 1,300,000 metric tons per year of Kraft Liner Board and Corrugated Medium Paper for carton-box packaging and Coated Duplex Board for display packaging.