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Siam Cement plans second factory

Siam Cement Plc, Thailand’s biggest producer, may spend as much as $189 million to build a second factory in Cambodia to triple its production capacity here, Bloomberg reported on May 6. The planned factory, twice as big as the first plant, will increase the company’s capacity in Cambodia to 2.55 million tons a year, company President Kan Trakulhoon told Bloomberg. A feasibility study will be completed this year, the report said. “We have to import cement for our customers in Cambodia, as the first factory, which started operations in January, is already running at full capacity,” Kan was quoted as saying. “There’s a very strong outlook for cement sales in Cambodia because of infrastructure development and economic growth.”

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