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November 29, 2018updated 18 Feb 2022 12:15pm

SCC to invest $155.23m to expand the Philippines’ packaging plant

Thailand-based cement and building material firm The Siam Cement Public Company (SCC) has received approval to expand its packaging paper operations with an investment of THB5.115bn ($155.23m) in the Philippines.

Thailand-based cement and building material firm The Siam Cement Public Company (SCC) has received approval to expand its packaging paper operations with an investment of THB5.115bn ($155.23m) in the Philippines.

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The company will use the investment for machinery, civil work, financial cost and working capital. It will commence operations in the fourth quarter of 2020.

The investment will add approximately 230,000t of production capacity per annum to the plant in Calumpit, Bulacan, Philippines, which is operated by SCC subsidiary United Pulp and Paper (UPPC).

Investment is expected to double UPPC’s existing capacity and add an annual 2.8 million tonnes to SCC’s total packaging paper capacity in Thailand, Vietnam, and the Philippines.

“The investment will add approximately 230,000t of production capacity per annum to the plant.”

According to the company, the increase in production capacity will cater to the growing demand for packaging paper in the Philippines, while the country will benefit from the supply of domestic raw materials.

Earlier this month, SCG’s packaging business entered a partnership with Thailand-based retailer Tesco Lotus to recycle old corrugated cartons into paper bags through the Circular Economy concept. The cartons are collected from the retailer’s stores and distribution centres.

The retailer will roll out the paper bags to its customers starting 4 December, as it plans to eliminate plastic bags across its 2,000 stores nationwide.

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For the packaging industry to achieve a sustainable future, it needs to dramatically increase circularity and the reuse of materials. While shifting from a linear economy to a circular model will take time, there are already actions that brands, manufacturers, and converters can already take to help make a difference. This document by Siegwerk – a global leader in inks and coatings for packaging – delves into solving the plastic paradox, looks at the relevance of bioplastics, and sets out ways to not only achieve circularity in packaging but also make it economically viable. Furthermore, the document goes into detail on how printing inks and coatings are vital for enabling circularity in packaging. Ultimately, the packaging system needs to be reconfigured for a circular future. And consumers are expecting the packaging industry to play its part in progress. To take the first step towards circularity, download this document.
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