Cement News tagged under: Thailand
SCG sees dip in Vietnam's revenue from sales06 August 2020, Published under Cement NewsThailand’s Siam Cement Group (SCG) has seen its revenue from sales in Vietnam drop five per cent YoY to VND13.1trn (US$564.6m) in the first half of 2020, according to Vietnam News. The figure accounted for 8.8 per cent of SCG’s total revenue during the six-month period. In the 2Q20, its revenue from sales in the country reached VND7trn, equivalent to 40 per cent of the total revenue from ASEAN markets, excluding Thailand, compared to 30 per cent in 2019. |
Refractories for AF-fired kilns22 June 2020, Published under Cement NewsThe use of alternative fuels (AFs) has seen increasing demand being placed upon refractories. The Siam Refractory Industry Co Ltd has developed a third-generation refractory brick especially for the coating zone of the cement kiln where coating build-ups are unstable or coating areas shift. By Pannawit Ngaochai, The Siam Refractory Industry Co Ltd, Thailand. Figure 1: MultiMag performance after 704 days of continuous operation in an 4500tpd cement kiln in Thailand (photo taken in N... |
Saraburi’s smart grinding15 June 2020, Published under Cement NewsSiam City Cement Public Co Ltd (SCCC) has upgraded the raw material grinding unit at its Saraburi plant, Thailand, with a COMFLEX® system, engineered and supplied by KHD. The project has enabled the cement producer to reduce its power consumption and improve the flexibility of its grinding operations. By Weera Ploypai and Prapan Sindhurattavej, Siam City Cement Public Co, Thailand, and Kai Weider and Carsten Eckert, KHD Humboldt Wedag, Germany. Siam City Cement Public Co Ltd modernise... |
Siam Cement receives approval to set up IPO for packaging unit29 May 2020, Published under Cement NewsThe Securities and Exchange Commission of Thailand has given Siam Cement PCL approval to go ahead with its plans for an initial public offer of its packaging unit. SCG Packaging Public Co along with its financial advisor is assessing the current situation, including that of the equity capital markets, and confidence level of both Thai and international investors, said Siam Cement. "Once the overall situation becomes clearer and more conducive, SCGP will proceed with its IPO and the listi... |
Siam Cement Plc cement sales down 4% in 1Q2014 May 2020, Published under Cement NewsThailand'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... |
SCG reports 6% fall in revenue in the 1Q2030 April 2020, Published under Cement NewsThailand’s Siam Cement Group (SCG) has seen a six per cent YoY drop in revenue to THB105bn in the first quarter of 2020. Profit decreased 40 per cent YoY to THB6.97bn, due to the declining performance of its chemicals business on the back of decreased product margins. The company’s cement building materials segment reported a four per cent YoY decline in revenue to THB46.2bn, attributed to lower sales in the domestic market. Profit was also down two per cent YoY to THB2.7bn, but improved ... |
Siam City to wind down production at Saraburi17 April 2020, Published under Cement NewsThailand’s Siam City Cement will begin to close its Saraburi plant from 1 May as cement demand falls due to the COVID-19 pandemic, according to The Nation: Thailand. The company has reportedly seen a reduced amount of orders and therefore will wind down production and labour at Factory 1 from 1 May. However, it is expected to move employees to other plants or allow them to leave by mutual consent. |
Asia’s plastic potential09 March 2020, Published under Cement NewsWith the highest consumption of plastic in the world and representing two-thirds of global cement production, five Asian countries provide the opportunity to address the worldwide issue of non-recyclable plastic waste. By Dr Kåre Helge Karstensen, Palash Kumar Saha, Eirik Vigerust, Anneli Alatalo Paulsen, Dr Christian John Engelsen and Dr Mehdi Ahmadi, SINTEF, Norway. Collection of plastic in Binh Duong, Vietnam, January 2020 A total of 6.3bnt of plastic waste was created global... |
SCG sees 14% revenue increase from Cambodian operations04 February 2020, Published under Cement NewsThailand's Siam Cement Group has reported a 13.9 per cent YoY increase in sales revenue from its Cambodian operations in 2019, rising to US$451m from US$396m in the previous year. In the final quarter of 2019, sales advanced 17 per cent YoY to US$114m, driven by its cement and construction materials business, according to a press release. "Cambodia's economy continued to achieve robust growth during the fourth quarter of last year. The construction sector remained healthy thanks to publi... |
Siam Cement sees 32% decline in profit for the 4Q1929 January 2020, Published under Cement NewsThailand’s Siam Cement has seen a 32 per cent YoY decrease in profit to THB7.1bn (US$230.3m) for the October-December 2019 period. Overall revenue fell nine per cent YoY to THB106.18bn. Revenue from its cement and building material segment was down one per cent at THB45.14bn, due to lower sales in markets outside of southeast Asia, according to the company. Elsewhere, revenue from its chemicals business fell 23 per cent to THB41.35bn. For the full-year 2019, Siam Cement saw a 28 per ce... |