Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, is expanding aggressively across Southeast Asia. The company is focusing on a regional optimisation strategy centred on key production bases in Vietnam and Indonesia to serve domestic and export markets, targeting
Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, is expanding aggressively across Southeast Asia. The company is focusing on a regional optimisation strategy centred on key production bases in Vietnam and Indonesia to serve domestic and export markets, targeting growth despite challenges such as high energy costs and geopolitical tensions.
Key details
- SCG's 2027 roadmap includes scaling operations in Southeast Asia with a unified production and market approach across ASEAN.
- The Long Son Petrochemicals complex in Vietnam is being upgraded to boost ethane feedstock use, aiming to reduce operating costs by over US$250 million annually and complete by mid-2027.
- In cement and building materials, SCG plans to expand its low-carbon cement footprint in Vietnam and accelerate exports to markets including Australia.
- SCG Décor is partnering with Chinese company Axent to start smart toilet production in Thailand by April 2027 for regional distribution.
- SCG Packaging is strengthening its presence in Indonesia and Vietnam and exploring expansion opportunities in India.
SCG expects ASEAN to be a key growth driver under its strategic regional approach, targeting operational efficiency and market integration by 2027.
Source: Bangkok Post
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