Cement News tagged under: SCG
SCG reports domestic cement sales of THB50,800m in 1Q2310 May 2023, Published under Cement NewsSCG reported its operating results for the 1Q23, showing a recovery across all business units, with increased sales and profits boosted by the revival of tourism and China’s border reopening. SCG’s total assets as of 31 March 2023, amounted to THB923,725m (US$27,414m), of which 44 per cent represented assets in ASEAN (excluding Thailand). The Cement-Building Materials segment recorded sales revenue of THB50,800m. The result was “increasing by three per cent QoQ and similar to the sa... |
Siam Cement plant catches on fire11 July 2022, Published under Cement NewsPT Siam Cement Group ( SCG) factory on Jalan Palabuhan II, Sukabumi Regency, Thailand, has caught fire. The cause of the fire is not yet known. A number of vehicles and firefighters entered the factory area to extinguish the fire. There were no casualties in the incident. The President Director of PT Semen Jawa and PT Tambang Semen Sukabumi, Somchai Dumrongsil, confirmed the fire outbreak. |
SCG looks to recover from disrupted markets11 February 2022, Published under Cement NewsSCG, a leading conglomerate from Thailand, found COVID-19 disrupted its markets at home and abroad in 2020-21. Its FY21 results continued to be impaired by the Omicron variant, but the company is pushing ahead with its Green Choice programme of investments and remains optimistic that it can benefit from the improved economic forecasts for domestic construction growth in 2022. SCG's FY21 results reported a four per cent decline in grey cement demand in Thailand. Residential, commercial a... |
Siam Cement to spend THB70bn on CO2 reduction measures13 December 2021, Published under Cement NewsSiam Cement Group (SCG) has vowed to spend THB70bn (US$2.08bn) on technological innovations to cut CO 2 emissions from its manufacturing by 20 per cent by 2030. The new investment is in line with the UN's Sustainable Development Goals (SDG), the Thai government's bio-, circular and green (BCG) economic model and environmental, social and governance standards (ESG), said Roongrote Rangsiyopash, president and chief executive of SCG. Once it hits the 2030 goal, SCG will continue to move ... |
SCG Vietnam reports 20% revenue increase in 1H1831 July 2018, Published under Cement NewsSiam Cement Group (SCG) Vietnam has announced a 20 per cent surge in revenue to VND14.53trn (US$631.74m) in the first half of the year. The 2Q18 saw the company record a 28 per cent YoY rise in revenue to VND8.46trn, on the back of a large contribution from the packaging business, according to Viet Nam News. |
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