The Siam Cement Public Company Limited (SCG; ) is the largest and oldest

cement A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel ( aggregate) together. Cement mi ...

and building material company in

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is b ...

and

Southeast Asia Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical south-eastern region of Asia, consisting of the regions that are situated south of mainlan ...

. In 2016, SCG was also ranked as the second largest company in

and the 604th largest public company in the world by ''Forbes''. The company is SET50 an
SETHD
listed and an industry benchmark. The company's major shareholder is King Vajiralongkorn, which owns 30 percent of Siam Cement's shares. Consolidated revenues were 450 billion

baht The baht (; th, บาท, ; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-m ...

(US$14 billion) in FY2017. The cement and building materials unit contributed 38 percent; 44 percent from the chemicals unit; and 18 percent from the packaging unit. In 2016, SCG was ranked No.1 of the top graduate employer in Thailand polled by Asia Internship Program. SCG was founded to set up the first cement plant in Bangkok, Thailand by a royal decree of King Rama VI ( Vajiravudh) in 1913. Since then, the company has expanded into various businesses with three core business units: SCG Cement-building materials; SCG Chemicals; and SCG Packaging. Now, SCG heavily invests their company into Southeast Asia regions including packaging businesses in Malaysia, a petrochemical complex in Vietnam, and many cement plants around the regions. SCG employs approximately 54,000 employees. The products are marketed domestically and exported to all regions of the world. Cementhai Holding Co., Ltd. oversees SCG's investment in various businesses. Most are joint ventures with internationally renowned companies, for example, Kubota, Yamato Kogyo, Aisin Takaoka Group, Nippon Steel, Toyota Motor, Michelin, Hayes Lemmerz, Siam Mitsui, and Dow Chemical company.

Research and development

SCG emphasizes research and development. In 2016, R&D spending was one percent of sales and value-added products contributed more than 35 percent of sales. In 2017, HVA products accounted for nearly 40 percent of sales. Siam Research and Innovation Company Limited conducts research and development of new products and services related to cement, mortar, concrete, building materials, 3D printing, prefabrication, recycled aggregate, and refractory. In 2014, SCG Chemicals acquired 51 percent of Norner for developing plastic and polymer technology. In 2017, SCG received the "Asia IP Elite 2016" award for the third consecutive year. The award is given by ''Intellectual Asset Management'' (IAM), a leading magazine in strategic management of intellectual property.

Sponsorship

The Siam Cement Group is sponsor of football,

badminton Badminton is a racquet sport played using racquets to hit a shuttlecock across a net. Although it may be played with larger teams, the most common forms of the game are "singles" (with one player per side) and "doubles" (with two players p ...

, and

golf Golf is a club-and-ball sport in which players use various clubs to hit balls into a series of holes on a course in as few strokes as possible. Golf, unlike most ball games, cannot and does not use a standardized playing area, and coping ...

events in Thailand and Southeast Asia.

References

External links

The Siam Cement Group

(2007) {{Use dmy dates, date=December 2018 Manufacturing companies based in Bangkok Cement companies of Thailand Companies based in Bonifacio Global City Manufacturing companies established in 1913 Companies listed on the Stock Exchange of Thailand 1913 establishments in Siam Thai brands Thai Royal Warrant holders Vajiralongkorn