This name change reflects the company’s strategic focus towards packaging products and applications, with the aim of providing total and sustainable packaging solutions for its customers. Key examples are the continued development of high-quality packaging products and services, which includes non-paper based flexible packaging products.
The name change is also aligned with the company’s drive to expand its packaging business in ASEAN countries. In FY 2014, the packaging chain accounted for the majority of the SCG Paper’s sales and EBITDA at 72% and 79%, respectively.