10 Aug '17, 11pm

NParks stops walks at BKE wildlife bridge

BANGKOK • Siam Cement Group (SCG), one of Thailand's industrial conglomerates, has pursued an Asean strategy with notable success in three businesses: construction materials, petrochemical and packaging. The group has just announced plans to invest up to 188 billion baht (S$7.7 billion) in a petrochemical complex in Vietnam under a joint venture with Vietnam Oil and Gas Group (PetroVietnam). "The petrochemical complex in Vietnam will be among the largest investments in Asean for SCG," said president and chief executive Roongrote Rangsiyopash, 53. The firm already has a significant presence in Cambodia, Laos, Myanmar, Indonesia and the Philippines. Get The Straits Times newsletters in your inbox Sign Up Mr Roongrote said SCG will expand domestically and overseas with new investments and via mergers and acquisitions. At the end of last year, SCG had assets in Asean worth 126...

Full article: http://www.straitstimes.com/business/companies-markets/si...

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