SCG merges 3 cement, materials units | Bangkok Post: business

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SCG merges 3 cement, materials units

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Siam Cement Group (SCG), Thailand's top industrial conglomerate, yesterday announced the integration of its three subsidiaries as part of a restructuring to enhance operational efficiency in the Asean region. 

SCG will next month integrate the subsidiaries in the cement, building materials and distribution businesses into one subsidiary called SCG Cement-Building Materials, SCG said in a filing to the Stock Exchange of Thailand (SET) yesterday.

"The restructuring is aimed at increasing operational efficiency and accelerating the development of products and services to fulfil customer needs, and support business expansion in Asean," said president and chief executive Kan Trakulhoon.

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