Siam City urges government to introduce green tax incentives
Siam City Cement Plc, the country’s second-largest cement maker, is calling on the government to introduce green tax incentives as the firm is planning two green investments worth THB850m over the next two years, the Bangkok Post reports.
Managing director Philippe Arto said SCCC’s board approved THB600m for a waste-heat recovery power project to make it more self-reliant in terms of power supply.
The new facility, which will recover heat from waste buried in landfills, will be developed next year at its cement plant in Saraburi province and become operational in mid-2012, he said.
This will follow a THB1.8bn investment in the first phase which will be fully implemented in August. Published under Cement News
