PANO - SCG Cement, one of five core businesses of SCG – a leading ASEAN conglomerate, officially started operation of Buu Long Industry & Investment Joint Stock Company (Buu Long I&I JSC) in Dong Nai Province on March 15th.
SCG Cement specializes in production and supplies of cement, ready-mixed concrete, concrete products, white cement, and refractory as well as providing technical services and consultation on plant installation to customers.
In the fourth quarter of 2011, SCG Cement acquired 99% equity of the Vietnamese Company and began to invest in the construction and upgrading of the plant. Before the official opening, SCG Cement has implemented a renovation to develop Buu Long I&I JSC to become a better qualified workplace, following closely SCG’s sustainable development guidelines for eco-friendly manufacturing. Total investment including acquisition and plant renovation is 5.5 million US dollars. With this acquisition, SCG again strengthens the commitment and capability to become ASEAN Sustainable Business Leader by the year 2015.
Buu Long I&I JSC is located in Vinh Cuu District, Dong Nai and specialized in providing high quality white and grey cement for Vietnam market with the capacity up to 200,000 tons a year. Seeing the potential of white cement in the market, SCG adjusted the facility of Buu Long I&I JSC to produce 80,000 tons of white cement and 120,000 tons of grey cement annually.
SCG also aims to develop a training center in Buu Long I&I JSC to introduce the innovative use of white cement to architects and enhance professional skills for constructing workers. Moreover, white cement was also used in the renovation of this facility using innovative decoration technique, showcasing the flexibility decorative value of white cement in various spaces and surfaces which can also be used as practical demonstrations for the training center’s attendees.
Mr. Pramote Techasupatkul, President of SCG Cement shares on this occasion: “SCG Cement sees the enormous potential in the cement market in Vietnam. With nearly 100 years’ experience of manufacturing and supplying high quality cement and constructing solutions, SCG Cement will apply this expertise to turn Buu Long I&I JSC to a regional standard company in terms of both manufacturing and operating. We will constantly address the environmental management and conservation following sustainable development guidelines of SCG. These guidelines help us develop and improve production processes, lead us to utilize eco-friendly technology and hopefully, help to reinforce our position as a good corporate citizen, a trusted partner in Vietnam.”
SCG Cement is the first and largest cement company in Thailand. The company manufactures and supplies cement, ready-mixed concrete, concrete products, white cement and refractory as well as provides technical services and consultations on plant installation to customers both within and beyond SCG. SCG Cement has continually maintained its leadership position in domestic industry and is one of the largest cement exporters in the world. The business carries out its environmental practices in accordance with the guidelines of the World Business Council for Sustainable Development – Cement Sustainability Initiative (WBCSD-CSI).
In Vietnam, SCG Cement entered the Vietnamese market in 2008 by establishing the first company, The Concrete Products and Aggregate (Vietnam) co., Ltd. The company produced the ready-mixed concrete under the brand SCG Concrete by settle the first batching plant in Long An province. It continued to invest in 2 more batching plants in Ho Chi Minh City, which started the operation in 2010.