Siam Cement outlines investment to strengthen ASEAN presence

Siam Cement outlines investment to strengthen ASEAN presence
Published: 03 September 2014

Tagged Under: Siam Cement Group ASEAN 

Siam Cement Group, Thailand's largest building materials company, is preparing to invest THB3.19bn (US$$100m) in its core business, part of the company's to strengthen its high-value-added products and boost its presence in the ASEAN region.





"(The investment offers) tremendous future opportunities while leveraging SCG's market leadership and business network in this region, and Siam Global House's expertise in this field," Kan said.

Another THB190m, which is also part of the company's total R&D investment plan for 2014, will be spent to increase its stake in Lysando, a life sciences related research and development firm based in Germany, to 20 per cent from the current 9.9 per cent by the end of this year.

 

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