The Siam Cement Public Company Limited(SCG;SET:SCC) is the largest and oldestcementand building material company inThailandandSoutheast Asia.[4]In 2016, SCG was also ranked as the second largest company inThailandand the 604th largest public company in the world byForbes.[5]The company isSET50andSETHD-listed and an industry benchmark. The company's major shareholder is KingVajiralongkorn,which owns 30 percent of Siam Cement's shares.
 | |
| Company type | Public |
|---|---|
| SET:SCC | |
| Industry | Conglomerate |
| Founded | 8 December 1913 Bangkok,Siam |
| Founder | Vajiravudh, King Rama VI |
| Headquarters | , |
Key people | Air Chief Marshal Satitpong Sukvimol(Chairman), Roongrote Rangsiyopash (CEO)[1][2]: 2 |
| Products | cement,chemicals,construction,packaging,solar roof,investment,logistics |
| Revenue |  399.9 billion baht(2020)[3]: 11 |
 34.1 billion baht(2020)[3]: 11 | |
| Total assets | 749.3 billion baht(2020)[3]: 11 |
Number of employees | 53,728[2]: 77 |
| Divisions | Cement-Building Materials Business Chemicals Business Packaging Business |
| Website | scg |
Consolidated revenues were 450 billionbaht(US$14 billion) inFY2017.[2]: 10 The cement and building materials unit contributed 38 percent; 44 percent from the chemicals unit; and 18 percent from the packaging unit.[2]: 11 In 2016, SCG was ranked No.1 of the top graduate employer in Thailand polled by Asia Internship Program.[6]
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.[2]: 1 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,[7]Yamato Kogyo, Aisin Takaoka Group, Nippon Steel, Toyota Motor, Michelin, Hayes Lemmerz, Siam Mitsui, and Dow Chemical company.[8][9]
Research and development
editSCG 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.[2]: 11 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.[10]
In 2014, SCG Chemicals acquired 51 percent of Norner[11]for developing plastic and polymer technology.[12]In 2017, SCG received the "Asia IP Elite 2016" award for the third consecutive year. The award is given byIntellectual Asset Management(IAM), a leading magazine in strategic management of intellectual property.[13]
Sponsorship
editThe Siam Cement Group is sponsor offootball,badminton,andgolfevents in Thailand and Southeast Asia.[14][15][16]
References
edit- ^Apisitniran, Lamonphet (23 March 2019)."Keeping SCG nimble in a disruptive age".Bangkok Post.Retrieved24 March2019.
- ^abcdefAnnual Report 2017(PDF).The Siam Cement Public Company Limited. n.d.Retrieved6 August2017.
- ^abcAnnual Report 2020(PDF).The Siam Cement Public Company Limited.
- ^"Top 75 global cement companies".Global Cement.9 December 2013.Retrieved16 January2017.
- ^"The World's Biggest Public Companies".Forbes.n.d.Retrieved6 August2017.
- ^"7 companies Gen Y (Thai) want to work 2016".14 March 2016.
- ^"Company History".Siam Kubota Corporation Co., Ltd.Retrieved6 August2017.
- ^"SCG Investment".SCG.Archived fromthe originalon 1 March 2017.Retrieved16 January2017.
- ^"Structure of Company".scgchemicals.Retrieved5 August2017.[failed verification]
- ^"SRI at a Glance".Siam Research and Innovation Company, Ltd.Retrieved5 August2017.
- ^"About Norner".Retrieved6 August2017.
- ^"SCG Chemicals enters as a strategic investor into Norner".Norner.Retrieved5 December2014.
- ^"SCG Wins Asia IP Elite Award For Third Consecutive Year At IP Business Congress Asia 2016".publicnow(Press release).Retrieved5 August2017.
- ^"บริษัท ปูนซิเมนต์ไทย จำกัด (มหาชน)".
- ^"เครือซิเมนต์ไทย (SCG) จัดทัพนักตบลูกขนไก่รุ่นเยาว์มาปะทะขบวนดาราปลุกกระแสเยาวชนมาเล่นกีฬาแบดมินตัน".
- ^"Scgสนับสนุน4โปรสาวไทย! สู้ศึกกอล์ฟแอลพีจีเอทัวร์ปีที่6".
External links
edit- Forbes Global 2000(2007)