Vietnam: multiple mergers and acquisitions
Siam City Cement (SCCC) is set to purchase 65 per cent of the stakes in LafargeHolcim Vietnam in a deal valued at US$524m. The acquisition is due to be completed in the 4Q once ...
Siam City Cement
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Siam City Cement targets regional expansion
In the last few weeks, Thailand's second-largest cement producer, Siam City Cement (SCCC), has made a significant series of acquisitions to expand its overseas cement portfolio,...
Siam City Cement acquires Cemex Bangladesh
Siam City Cement, one of Thailand’s largest cement producers, acquired Cemex Cement Bangladesh Ltd on Tuesday. The Cemex operations are now known as Siam City Cement (Bangaldesh...
Siam City Cement to acquire Holcim Lanka
Siam City Cement (SCC) has signed a deal to buy Sri Lankan cement company Holcim Lanka Ltd for US$400m. The acquisition will turn SCC into the market leader in Sri Lanka.
Cemex
Cemex has completed the sale of its operations in Thailand and Bangladesh to Siam City Cement for some US$53m. These operations consist of an integrated cement works near Bangko...
Cemex sells its Bangladesh operations to Siam City
Cemex has closed the sale of its operations in Bangladesh and Thailand to Siam City Cement for approximately US$53m.The proceeds obtained from this transaction will be used main...
Cambodia: work begins on Kampot cement plant
Work started last weekend on Cambodia’s largest cement plant, which will be built in Kampot province with an investment of US$262m by Chip Mong Insee Cement. Chip Mong Insee is ...
Cemex divests of Bangladesh and Thailand units, potential sale of minority stake in Philippine assets
Cemex announced yesterday that it has signed an agreement for the sale of its operations in Bangladesh and Thailand to Siam City Cement Co for approximately US$53m. Meanwhile, C...
CITIC Heavy Industries Co wins Cambodian plant project
Chip Mong Insee Cement, a unit of domestic conglomerate Chip Mong Group, has signed a partnership agreement with China’s CITIC Heavy Industries Co Ltd to build a US$262m cement ...
SCCC third-quarter net profit down on weaker demand and pricing
Siam City Cement Co (SCCC) of Thailand posted a 3Q15 net profit of THB823m (US$23.1m), falling 22 per cent YoY. Lower domestic cement demand and selling price led the company's ...