الوصف

SGP is finalising the construction of its new state-of-the-art manufacturing facility, My Xuan 2, which began staged opening in April ***2 and is expected to be fully operational by ***4. 

The two mills have combined production capacity of *8,**0 tonnes p.a. for tissue products (Tissue) and **4,**0 tonnes p.a. for industrial paper products (IP). 

Its manufacturing facilities are located in a dedicated industrial park ~*0 km south west of Ho Chi Minh, Vietnams commercial centre and largest city, close to the countrys largest port.

SGP expects further increase in Tissue volume as production at My Xuan 2 is ramped-up and the additional investment of one new Tissue machine with production capacity of *8,**0 tonnes p.a.

SGP owns the number one Vietnamese Tissue brand as well as the most extensive Tissue distribution network in the country. These, together with increased production capacity, will enable SGP to increase sales volume and therefore achieve significant sales growth in the coming years. The Company expects revenues to increase to USD **0 million in ***5 and USD **0 million in ***0.