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, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...

and

Southeast Asia Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Au ...

. 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 The SET50 and SET100 Indices are the primary stock indices of Thailand. The constituents of both lists are companies listed on the Stock Exchange of Thailand (SET) in Bangkok. Calculation The SET50 Index and the SET100 Index were created "to acco ...

an
SETHD
listed and an industry benchmark. The company's major shareholder is King

Vajiralongkorn Vajiralongkorn (born 28 July 1952) is King of Thailand. He is the tenth Thai monarch of the Chakri dynasty since ascending the throne in 2016 with the regnal name Rama X. The only son of King Bhumibol Adulyadej (Rama IX) and Queen Sirik ...

, which owns 30 percent of Siam Cement's shares. Consolidated revenues were 450 billion

baht The baht (; , ; currency sign, sign: ฿; ISO 4217, code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). Prior to decimalisation, the baht was divided into eight ''fueang'' (, ), each of eight ''at'' (, ). The ...

(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 Vajiravudh (1 January 188126 November 1925) was the sixth Monarchy of Thailand, king of Siam from the Chakri dynasty, titled Rama VI. He reigned from 1910 until his death in 1925. King Vajiravudh is best known for his efforts to create and pro ...

) 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 international 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 Football is a family of team sports that involve, to varying degrees, kick (football), kicking a football (ball), ball to score a goal (sports), goal. Unqualified, football (word), the word ''football'' generally means the form of football t ...

badminton Badminton is a racquet sport played using racket (sports equipment), racquets to hit a shuttlecock across a net (device), net. Although it may be played with larger teams, the most common forms of the game are "singles" (with one player per s ...

, and

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

events in Thailand and Southeast Asia.

References

External links

Forbes Global 2000
(2007) {{DJSI World Manufacturing companies based in Bangkok Cement companies of Thailand Manufacturing companies established in 1913 Companies listed on the Stock Exchange of Thailand Companies in the SET50 1913 establishments in Siam Siam companies established in 1913 Thai brands Thai Royal Warrant holders Vajiralongkorn