Thai company to establish cement plant in Myanmar

untitledSiam Cement Plc (SCG), Thailand’s top industrial conglomerate, is moving ahead with its 12.4-billion-baht plan to build a cement plant in Myanmar to strengthen its leading position in Southeast Asia.

President and chief executive Kan Trakulhoon said SCG’s board of directors had approved the plan to develop its first fully integrated cement plant under Myanmar’s Foreign Investment Law.

With annual capacity of 1.8 million tonnes, the plant will be strategically located in southern Myanmar in Mawlamyine, where there is a long-term supply of limestone complemented by water access to Yangon, the country’s primary commercial hub.

The facility is expected to start up by mid-2016 to serve growing cement demand in Myanmar. With consumption of about 4 million tonnes last year, the market is anticipated to grow by 10% per annum over the next five years, Mr Kan said.

Last year, SCG exported about 1.7 million tonnes of cement to Myanmar.

This project is SCG’s major investment to support the growth of cement business in Myanmar and Asean following recent announcements that it will develop cement plants in Indonesia and Cambodia.

“It is in accordance with the company’s strategy to become an Asean sustainable business leader,” Mr Kan said.

The Myanmar plant will also be equipped with a 40-megawatt power plant for internal power consumption, a 9-MW waste heat generator for reducing electrical use, port facilities and other basic infrastructure for future expansion.

“SCG has solidified its position as one of Myanmar’s market leaders in terms of dependable product attributes, brand exposure, supply chain efficiency and depth of distribution channels,” Mr Kan said.

Source : Bangkok Post | August 27, 2013


About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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