Siam Cement Group

SCG did not give a clear timeframe for the suspension but expected the chemicals industry would remained challenging well into the fiscal year 2025.

Thai SCG halts operations at US$5.4 billion Vietnam petrochemical complex

SIAM Cement Group (SCG), Thailand’s largest industrial conglomerate, said on Monday (Nov 4) it has suspended commercial operation at its US$5.4 billion Long Son Petrochemicals (LSP) complex in Vietnam...

It is buying out Singapore-based Jardine Cycle & Carriage’s 25.54 per cent stake in Siam City Cement.

Companies & Markets

Thailand's Ratanarak Group buys out Jardine Cycle's Siam City stake for US$354 million

Its controlling shareholder, Sunrise Equity, which is part of the Ratanarak Group made an offer for 76.1 million shares in Siam City for 160 baht apiece

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