SCGM faces challenges amid strong sales

These trends have given rise to the strong demand enjoyed by packaging manufacturers, includingSCGM has recorded six consecutive quarters of improved food packaging sales, which constitute 85% of its revenue.

The sharp surge in resin prices since July 2021 due to the global freight issue and electricity crisis in China has weighed on SCGM, in spite of the company raising its product prices to transfer the cost to customers.Speaking to StarBizWeek, SCGM managing director Datuk Seri Lee Hock Chai says the move to raise its product prices is only a short-term measure.

“It also helps us reduce labour and time, and save on the cost of stretch film from more consistent and effective wrapping compared to the manual process. He points out that the most labour-intensive process in SCGM’s operations is the final packing, while the production is largely automated. Lee says that the group will be developing more customised packaging for the customer’s specific requirements. “For instance, we are developing advanced quality packaging that extends the shelf life of food in a safe manner.

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bar renews call for IPCMC for custodial deathsThe present IPCC is not strong enough to bring about accountability.
Source: malaysiakini - 🏆 20. / 51 Read more »

Education Ministry committed to ensure face-to-face school sessions throughout 2022, says minister | Malay MailPUTRAJAYA, Jan 14 — The Ministry of Education (MOE) is committed to ensuring that face-to-face schooling sessions for 2022 can be implemented throughout the year via several initiatives, including compliance with standard operating procedures (SOPs), said its senior minister, Datuk Mohd Radzi Md...
Source: malaymail - 🏆 1. / 86 Read more »

Announced: Ceiling prices for private sale Sinovac, SinopharmPrices exclude additional charges but sellers must list full sale amount. MALAYSIANS PAY RM150 FOR SINOVAC VACINNES IN GOV, CENTERS. TO WHOSE POCKET DOES THE RM 150 GO. THERE WAS NO PRIOR NOTICE THAT THE PUBLIC HAS TO PAY IF THEY OPT FOR SINOVAC VACINNE. MACC MUST FOLLOW THE MONEY.
Source: malaysiakini - 🏆 20. / 51 Read more »

Warisan may contest in Johor state polls if 'strong signal' received, says party veepJOHOR BARU: Parti Warisan will consider contesting in Johor if a state election is called and it gets a strong signal from the community, says its vice-president Datuk Junz Wong. It is alwys nice 2 hv money 2 lose & noone 2 stop u wasting it.
Source: staronline - 🏆 4. / 75 Read more »

N. Korea fires missile, warns of strong action over US sanctions pushPyongyang says US is escalating the situation with sanctions.
Source: malaysiakini - 🏆 20. / 51 Read more »