SCG predicts Thai cement consumption will recover in 2017
Despite a disappointing performance in 2016, Siam Cement Group believes that demand in the Thai market will recover in 2017, reaching some 40Mt, the Bangkok Post reports.
Thailand
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Thai cement producer orders MSW recycling lines
Italiab-based recycling equipment supplier
Thailand: Siam Cement orders versatile Loesche mill
Siam Cement Public Co Ltd (SCG) has contracted Loesche to deliver a new vertical roller mill (VRM) of the type LM 56.3+3 CS for its Kaeng Khoi cement plant. The mill will produc...
Laos: 5000tpd plant to be completed by 2018
Vientiane Hongshi Saythirath Cement Co is due to begin construction on its new 5000tpd dry-process plant in Vientiane’s Hinhuep district, with completion estimated for 2018. The...
Thailand: SCCC profits shrink
Siam City Cement Co (SCCC) posted a smaller profit for 9M16 as a result of higher financing costs, spending on acquisitions and annual shutdowns.
Thailand: SCG sees cement revenues fall 19% in 3Q2016
Siam Cement Group (SCG) has announced that in the third quarter of 2016 profits rose by 57 per cent YoY, but at the company's cement and building materials division they saw a d...
Vietnam: 2016 sales goal looks unlikely
Concerns have arisen that the Vietnamese cement industry will struggle to meet its sales target of 75-77Mt this year as a result of ‘market difficulties’, as reported by Viet Na...
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 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 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.