Siam Cement

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The Siam Cement Group (SCG)
Public
Traded as SETSCC
Industry Building materials
Founded Thailand (December 8, 1913 (1913-12-08))
Headquarters Bang Sue, Bangkok, Thailand
Key people
Chirayu Isarangkul Na Ayutthaya (Chairman)
Revenue Increase487,545 million baht[1]
Profit Decrease33,615 million baht[1]
Total assets Increase465,823 million baht[1]
Total equity Increase209,317 million baht[1]
Owner Crown Property Bureau
Subsidiaries SCG Chemicals
SCG Packaging
SCG Cement-Building Materials
Siam Kubota
Website www.scg.co.th

The Siam Cement Public Company Limited (SCG) is the largest cement company in Thailand. It is listed on the Stock Exchange of Thailand (SET). In 2011, it was also ranked as the 2nd largest company in Thailand and the 620th largest company in the world by Forbes 2000.[2]

It was founded by the royal decree of King Vajiravudh (King Rama VI) in 1913. Since then, the company has expanded into various businesses with five core business units: chemicals, paper, cement, building materials and distribution. The company is controlled by the Crown Property Bureau, which owns 30% of Siam Cement's shares.

SCG is composed of over 100 companies in five business groups, employing approximately 24,000 employees, and handling more than 64,000 product items. The products are marketed domestically and exported to all regions of the world. Most companies in the group have been accredited with ISO 9002 certification for quality management, ISO 14001 certification for environmental management, and TIS 18001 certification for occupational health and safety management, often the first in their respective industries. SCG has also received national and international awards in various areas.

The company on February 26, 2013 announced that it is planning to build new cement plants in Indonesia. It is also looking for acquiring related companies in the region.[3] In the same statement, company reported its total assets in Indonesia was US$983 million.

References[edit]

  1. ^ a b c d Annual Report 2014 (PDF). Bangkok: The Siam Cement Public Company Limited. 2015. p. 4. Retrieved 10 August 2015. 
  2. ^ "Siam Cement on 2011's Forbes Global 2000 Ranking". Forbes. Retrieved 4 September 2011. 
  3. ^ "Siam Cement expands in Indonesia". Investvine.com. 2013-03-01. Retrieved 2013-03-05. 

External links[edit]