Cement News tagged under: Thailand

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Siam City Cement 2012 growth forecast

06 February 2012, Published under Cement News

Siam City Cement Co (SCCC), Thailand’s second largest cement producer, posted 4Q11 net profit of THB252m, down 55.3 per cent YoY and 70.9 per cent QoQ. The decline is attributed to lower export sales and higher operating costs due to the Thai flooding, extra expenses from deferred tax adjustments of THB291m and extra expenses from reassessment of employees' pension of Bt150m. For 2012, analysts at TISCO Securities expect Siam City Cement’s profit to rise 27 per cent thanks to expected five ...

Siam Cement eyes Myanmar investment

18 January 2012, Published under Cement News

Thailand’s Siam Cement Group (SCG) said it is studying the possibility of investing in a cement plant in Myanmar, company President and CEO, Kan Trakulhon said. Mr Trakulhoon was quoted by the Bangkok Post as saying that SCG has been studying options in the neighbouring country for almost two year years now. "Still, the investment depends on the Myanmar government's investment promotion policies and the policy on limestone mine ownership," Mr Kan said. SCG currently exports cement to Myan...