Thailand’s second-largest cement producer Siam City Cement Co (SCCC) is currently conducting a feasibility study for a 1Mta cement plant in Cambodia, a senior executive of the company has said.
The new works is estimated to cost THB1.4bn and is part of a THB2bn (US$671.11m) investment spend SCCC has planned for this year, Reuters quoted the company official as saying.
SCCC also said it expects revenue growth to increase by double-digits in 2013 with demand in Thailand forecast to rise by seven per cent this year.
Siam City Cement plans Hon Chong expansion
Siam City Cement PLC (SCCC) is considering an expansion of its Hon Chong cement plant in Vie...