Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Thai firm finds local partner to mix cement

Thai firm finds local partner to mix cement

The board of Siam City Cement Company (SCCC) has approved taking a 40 per cent share in a joint-venture with Cambodia’s Chip Mong Cement Corporation, according to Thai daily The Nation.

The joint venture, to be named Chip Mong Insee Cement Corporation, will construct and operate a cement plant and related business in Cambodia, said Siva Mahasandana, acting SCCC deputy CEO and senior vice president for marketing and sales.

He said the new company would begin operation in December with $150 million registered capital.

Its new cement plant will have an annual capacity of 1.5 million tons to supply the Cambodian market.



Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".