Siam Cement profits recover in 4Q12
Siam Cement (SCC) said its profits more than doubled in the 4Q12 after sales rebounded from flooding a year earlier and dividend income increased. Net income was THB6.91bn (US$2...
Thailand
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Siam Cement in talks for European acquisitions
Siam Cement is in talks to buy building materials, petrochemical business in Europe, according to its chief executive Kan Trakulhoon. Mr Trakulhoon told reporters that the compa...
Holcim reduces stake in Siam City Cement, sells minority shareholding in Cementos Progreso
Holcim has announced that it has reduced its stake in Siam City Cement Ltd (SCCC) of Thailand and has sold its minority shareholding in Guatemalan producer Cementos Progreso, co...
Siam Cement sees strong demand into 2013
Increased demand witnessed over 2012 in Thailand will continue rising well into next year, according to the head of the Siam Cement Group (SCG).
Siam City Cement to boost production, Thailand
Thailand’s Siam City Cement (SCCC) has said it will resume operations of two clinker lines from next year on the back of increased local demand. The company is also looking to c...
Siam Cement Group to lift exports to Myanmar
Siam Cement Group (SCG) of Thailand plans to boost exports of its Elephant brand cement to Myanmar and expand its distribution network in the Southeast Asian country, according ...
Thailand's Siam Group to establish Banten cement plant, Indonesia
Thailand’s largest cement producer Siam Cement Group plans to establish a cement plant in the Lebak district of Indonesia, Banten province, according to media reports. Banten is...
Thailand: SCCC reports net profit dip of 8.8% on weak prices
Siam City Cement Plc reported a drop in net profit for the third quarter and the first nine months due to weak prices even though sales have surged. Third-quarter net profit fel...
Thailand: cement consumption rises by 12% in 2012
Cement consumption this year is on track to surpass the target of 8-10% thanks to continued government investment in mass transit projects, says the Thai Cement Manufacturers As...
SCG's cement division posts 29% revenue rise in 3Q12, Thailand
Siam Cement Group's cement business posted a 29 per cent increase in revenue to THB17.7bn (US$577.6m) in the third quarter of 2012, attributable to a higher domestic sales volum...