Thailand: Siam Cement launches logistics firm

Siam Cement Group (SCG) has partnered with Yamato Asia to launch logistics firm SCG Express with an investment budget of THB633m (US$17.9m).

Nithi Pattarachoke, vice-president for the domestic market at SCG, said the trend towards e-commerce and a digital economy prompted the cement conglomerate to capitalise on the movement.

SCG Express offers a range of delivery services such as temperature-controlled delivery and express office-to-office delivery.

The company will initially serve Bangkok and its vicinity, including Pathum Thani, Nonthaburi and Samut Prakan. SGC Express aims to open 110 service outlets by year-end.