Cement News tagged under: Siam Cement Pcl

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Siam Cement Plc cement sales down 4% in 1Q20

14 May 2020, Published under Cement News

Thailand's Siam Cement Plc reported profits of THB6971m (US$217.1m), down two per cent QoQ and EBITDA slipped to THB15,424m down 126 per cent. Revenue from sales was steady at THB105,741m, with increased revenues from cement-building materials and the packaging business offsetting decreases from the chemicals division. First-quarter revenue from sales in the cement-building materials business registered THB46,245m, decreasing four per cent YoY, due to lower sales in domestic market. However...

Thailand: Siam Cement orders versatile Loesche mill

17 November 2016, Published under Cement News

Siam Cement Public Co Ltd (SCG) has contracted Loesche to deliver a new vertical roller mill (VRM) of the type LM 56.3+3 CS for its Kaeng Khoi cement plant.   The mill will produce medium-fine cement qualities and is designed for grinding clinker, gypsum and limestone. SCG will be able to quickly switch between different products and qualities with the new mill enabling the company to produce a wide range of different cement types, as well as varying product finenesses, thus making it easier...

Siam Cement posts 29% rise in 4Q net profit

27 January 2016, Published under Cement News

Siam Cement Plc posted a 29 per cent increase in fourth-quarter net profit as better earnings from its chemical unit outweighed weakness in cement and the building materials business. For 2015 Thailand's largest industrial conglomerate posted a 35 per cent rise in net profit of THB45.4bn (US$1.27bn) due to strong chemical earnings, while its sales fell 10 per cent to THB439.6bn due to lower chemical prices, it said in a statement. Last week Bualuang Securities cautioned that the Cement-Bui...

Siam Commercial Bank Pcl sells stake in Siam Cement Pcl

25 September 2015, Published under Cement News

Siam Commercial Bank Pcl said on Thursday it sold its stake in Siam Cement Pcl to raise THB4.47bn (US$123.17m) funds to cover provisions for loans to struggling steel firm Sahayiriya Steel Industries. The Siam Cement shares were sold to the Crown Property Bureau which is already a major shareholder in Thailand's biggest cement firm, the bank's chief executive Arthid Nanthawithaya told Reuters. "We sold all our holding in Siam Cement to the Crown Property Bureau," he said.