Cement News tagged under: Siam City Cement
INSEE Vietnam begins construction on new mill05 December 2022, Published under Cement NewsINSEE Vietnam , a subsidiary of Thailand’s Siam City Cement Public Company Ltd (SCCC), has begun construction of its Thi Vai grinding mill No2. The new mill, which marks an investment of over US$35m, will help meet rising cement demand in the Southeast region, according to Vietnam News. |
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 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. |
Chip Mong INSEE Cement and Siam City Cement launch waste manufacturing facility18 December 2019, Published under Cement NewsChip Mong INSEE Cement Corp has launched a new industrial waste manufacturing facility in Banteay Meas district, Kampot province, Cambodia. The new unit can process 10tph of industrial waste and more than 7000tpm. The new facility is a joint venture between Chip Mong Group, which holds 60 per cent of shares, and Thailand's Siam City Cement Corp, which has a 40 per cent stake in the project. According to Leang Khun, chairman of Chip Mong Insee Corp, the Chip Mong Ecocycle investment cost U... |
Vietnam HCMC proposes addressing illegal cement capacity expansion02 October 2019, Published under Cement NewsThe People’s Committee of Ho Chi Minh City has asked the Ministry of Construction to handle some cement producers in the city due to their illegal capacity expansion, which was detected by the ministry’s inspection team earlier, according to Viêt Nam News. A branch of Thang Long Cement JSC was allowed to produce 1.25Mta, but the unit has increased its total capacity to 1.4Mta since 2011. A branch of Chinfon Cement Co received a licence to produce 0.5Mta. However, since 2017output has be... |
Siam City Cement’s smart move18 June 2019, Published under Cement NewsSiam City Cement Public Co Ltd (SCCC) has deployed extensive network infrastructure and wireless connectivity at its cement works in Saraburi province, Thailand, to create the country’s first smart plant. By Siam City Cement, Thailand The remote operations centre serves as a central hub for information gathering and communication Thai producer Siam City Cement Public Co Ltd’s (SCCC) ‘Digital Connected Plant’ plan involves applying digital technology to its cement plants to bring... |
Siam City Cement will use AI to improve its supply chain13 June 2019, Published under Cement NewsSiam City Cement aims to upgrade its business chain using Krungsri Supply Chain on Blockchain Innovation, an AI deep learning technology. "The Krungsri Supply Chain on Blockchain is another successful development that will help make the purchasing, sales and various documentation systems making up the product supply chain of Siam City Cement Group faster and more accurate," says Mr Saym Prasitsirigul, Krungsri Head of SME Banking Group. "As a result, business in the supply chain will see th... |
Siam City Cement becomes regional market leader07 June 2018, Published under Cement NewsSiam City Cement (SCC) has strengthened its regional position in 2017 to become a market leader in southeast Asia. Key strategic investments in 2017 included the acquisition of plants from Cemex (Bangladesh), Holcim (Sri Lanka) and Cemex (Thailand) during 2016. More recently, It has constructed the greenfield Kampot cement plant with a 1.5Mta capacity in Cambodia in 4Q17. Moreover, according to SCC's annual 2017 report, the company has completed the acquisition of a 65 per cent stake i... |
Siam City to expand production in Sri Lanka and Bangladesh06 June 2018, Published under Cement NewsSiam City Cement (Lanka) Ltd, which is building a new vertical cement grinding plant in Galle, on the southwest coast of Sri Lanka, to raise its capacity by 0.4Mta, is on track for start-up in August. The new grinding unit is being built at an estimated cost of US$50m and of this total, Siam City (Lanka) spent US$5m to address the plant's environmental impact, according to INSEE Cement Si Lanka CEO, Paul Hugentobler, who further informed media that the company's main aim is to build t... |
Siam City Cement posts 28% revenue increase 43% net profit dip 201714 March 2018, Published under Cement NewsSiam City Cement announced a total consolidated revenue increase of 25.8 per cent to THB43.885bn in 2017 from THB34.896bn the previous year. Net sales increased 27.6 per cent YoY to THB43.634bn from THB34.192bn during the same period. But as expenses surged 34.8 per cent YoY to THB39.632bn, the company’s profit before joint venture and associate shares, finance cost and income tax expenses fell by 22.7 per cent to THB4.253bn from THB5.501bn in 2016. Net profit came down 42.6 per cent ... |