Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >>Investment  >> SCG to invest US$ 1.4 billion in RI in 2015
NEW UPDATES Asean Affairs  18 November 2014  

 SCG to invest US$ 1.4 billion in RI in 2015

Thailand-based cement producer Siam Cement Group (SCG) has said it will boost its total investment in the Indonesian cement industry to US$ 1.4 billion by 2015.

SCG president and CEO Kan Trakulhoo said the Thai firm began to operate in Indonesia in 1996 and had continued to expand its business here due to its confidence in the country’s solid economic growth.

"As of 2014, we have total assets of around $ 1 billion. Because we are happy with the investment climate in Indonesia, which is good, we are planning to increase the total investment to around $1.3 billion - 1.4 billion in 2015," Trakulhoo told reporters in Bangkok over the weekend.

Trakulhoo gave no further details on the 2015 investment plan except to say that the additional investment would cover cement-related products.

It is expected that the new cement plant located in Sukabumi, West Java, will kick off production in the middle of 2015. The cement plant, which will be run by SCG's wholly owned subsidiary, PT Semen Jawa, will have a production capacity of 1.8 million tons per year.

"The construction of the Sukabumi plant is under way and we expect that in the middle of 2015 it will start to operate," Trakulhoo said.

SCG reported that it invested $532 million in 2012. The investment covered the development of a green-field plant worth $41 million and the acquisition of a ready-mix concrete business amounting to $135 million while the remainder was in the development of lightweight concrete blocks.

As of today, the company’s total assets in Indonesia amount to $983 million, accounting for a total of 55 percent of SCG’s assets in the Southeast Asia region.

SCG’s portfolio includes holdings in several companies in Indonesia. Through SCG Building Materials Co. Ltd., SCG holds a 96.31 percent stake in Jakarta-listed PT Keramika Indonesia Assosiasi while through SCG Chemicals Co., Ltd., it holds a 30.03 percent stake in petrochemical producer PT Chandra Asri Petrochemical.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                            November 18, 2014 Subsribe Now !
• NCPO inviting editors for second meeting Subcribe: Asean Affairs Global Magazine
• New SGC cement plant to use waste-heat power technology
• Singapore, Japan reaffirm bilateral ties
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• China to fund rice expansion
• SCG to invest US$ 1.4 billion in RI in 2015 
Asean Analysis                    November 14, 2014

• Asean Analysis November 14, 2014
Malaysia Steps into Spotlight as ASEAN and East Asia Summit Chair
Advertise Your Brand

Asean Stock Watch    November 17, 2014
• Asean Stock Watch-November 17 , 2014
The Biweekly Update
• The Biweekly Update  November 14, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand