SOUTH EAST ASIA CORRUGATED PACKAGING MARKET ANALYSIS

Market News

South East Asia Corrugated Packaging – Key Developments

• In June 2018, the cardboard box company was acquired by the Logson Group, which is an independent supplier of corrugated packaging. The cardboard box company would operate as a stand-alone brand within the Logson Group. With this acquisition, the companies can collectively offer a range of corrugated packaging solutions to its customers from 18 locations across UK.
• In April 2017, Rengo Co., Ltd. which is a joint venture between SCG Packaging Public Company Limited and Thai Containers Group Co., Ltd, has acquired 80% stake in PT Indocorr Packaging Cikarang. With this acquisition, the distribution operations of the company would increase to seven locations within Indonesia. Rengo Group has also stated that the corrugated packaging business within the South East Asia would be of strategic focus of conducting the overseas operations of the business.
• In 2014, Tat Seng Packaging Group Ltd established an International Safe Transit Association (ISTA) within its Suzhou Plant. This plant was equipped with cutting-edge testing equipment, which is capable of testing on compression, shock, vibration, stacking and other similar tests on corrugated boxes and the corrugated carton box.