Innovative products in focus as SCG mulls new investments in EEC
Siam Cement Group is studying expanding in the Eastern Economic Corridor through three core businesses – petrochemicals, packaging, and building materials – with the focus on innovative products. “We are looking at the incentives and the infrastructure around the project before making a decision on investing in EEC. This may be ready when the government announces its investment to develop infrastructure in this area,” said Roongrote Rangsiyopash, president and chief executive officer of SCG. The group is also branching out into ASEAN countries, with its eye on the petrochemical industries in Vietnam and Indonesia. The group had budgeted Bt15.3 billion for ASEAN in the first quarter of this year, with almost all going to its cement business in Vietnam – Vietnam Construction Materials JSC.
