Siam City Cement plans 1Mta Cambodia works

Thailand’s second-largest cement producer Siam City Cement Co (SCCC) is currently conducting a feasibility study for a 1Mta cement plant in Cambodia, a senior executive of the company has said.

The new works is estimated to cost THB1.4bn and is part of a THB2bn (US$671.11m) investment spend SCCC has planned for this year, Reuters quoted the company official as saying.

SCCC also said it expects revenue growth to increase by double-digits in 2013 with demand in Thailand forecast to rise by seven per cent this year.