Siam Cement to invest up to THB65B During 2008-2010

Siam Cement to invest up to THB65B During 2008-2010
Published: 23 January 2008

Siam Cement PCL, Thailand’s largest industrial conglomerate by revenue, plans to invest up to THB65bn (US$2bn) between 2008 and 2010, Chief Financial Officer Roongrote Rangsiyopash said Wednesday.  
 
The planned investments will expand its cement, petrochemical, and paper businesses at home and overseas, Roongrote told reporters.  
 
Of the total, about THB35 billion to THB40 billion will be for 2008. The company plans to spend THB15 billion and THB10 billion in 2009 and 2010 respectively, he said.