INDUSTRIES
Siam Cement plans US comeback
SCG finished 2011 with 20% growth
- Published: 5 Jan 2012 at 00.00
- Newspaper section: Business
Siam Cement Group (SCG) will bolster its US presence on the back of positive signs of an economic recovery in that country.
The move will be aimed at meeting this year's revenue growth target of 12% to 400 billion baht.
Kan Trakulhoon, the president and chief executive of Thailand's top industrial conglomerate, said a team has been assigned to prepare the group's re-entry into the US market after positive signs, including the recent sharp rebound in the US stock exchange and last month's 7% growth in housing sales.
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