SCG produces cement in Vietnam
By Quoc Hung - The Saigon Times Daily
HCMC - SCG Cement, one of five core affiliates of Thailand’s SCG, on Thursday officially started operation of a cement plant of Buu Long Industry & Investment Joint Stock Company (Buu Long I&I JSC) in the southern province of Dong Nai.
SCG Cement had acquired 99% equity of the company in the fourth quarter last year to officially produce cement in the local market, after many years of importing products from its factories in Thailand.
Before the official opening, SCG Cement has implemented renovation to develop the company to become a better qualified workplace, following closely SCG’s sustainable development guidelines for eco-friendly manufacturing, said Pramote Techasupatkul, president of SCG Cement.
He said that the total investment including acquisition and plant renovation was US$5.5 million.
Buu Long I&I JSC is located in the province’s Vinh Cuu District, and specialized in providing high quality white and grey cement for the market with an annual capacity of 200,000 tons a year.
Seeing the potential of white cement in the market, SCG adjusted the facility to produce 80,000 tons of white cement and 120,000 tons of grey cement annually.
He said that the products of the factory would replace cement that his company had imported from Thailand to sell on the local market for many years now. SCG Cement imported about 5,000 tons of white cement for the local market a month.
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.
SCG Cement manufactures and supplies cement, ready-mixed concrete, concrete products, white cement and refractory materials as well as provides technical services and consultancy on plant installation to customers.
SCG with more than 200 companies under its umbrella and 35,000 employees comprises five core businesses: SCG Chemicals, SCG Paper, SCG Cement, SCG Building Materials and SCG Distribution.
Currently, SCG has 15 operations in Vietnam with more than US$330 million of total assets, US$300 million of sales and, and employs more than 2,100 local employees. The group is also studying additional investment opportunities in Vietnam such as a petrochemicals complex in Ba Ria-Vung Tau Province with total investment of US$4.5 billion.