Logo of Phnom Penh Post newspaper Phnom Penh Post - Siam Cement plans second factory

Siam Cement plans second factory

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.”

MOST VIEWED

  • Reuters: US Embassy fired 32 staff members for sharing pornography

    The United States Embassy in Phnom Penh has fired 32 non-diplomatic staff members who were allegedly caught exchanging pornographic images and video, including of minors, according to the news agency Reuters. Four sources, who spoke on condition of anonymity, told Reuters the content was shared in

  • Our 2018 guide to spending Khmer New Year in Phnom Penh

    Khmer New Year festivities are upon us. For the next few days, travellers will be making their way to their home provinces to eat, celebrate, play traditional games and visit a pagoda with offerings. If you will be staying put in Phnom Penh for the

  • US think tank warns of China's 'ulterior motives'

    A US think tank on Tuesday warned that spreading Chinese investment in the Indo-Pacific follows a pattern of leveraging geopolitical influence at the expense of the nations receiving investment, including Cambodia. The report looks at a sample of 15 Chinese port development projects, noting that the

  • More than three tonnes of ivory reportedly bound for Cambodia seized in Mozambique

    A total of 3.5 tonnes of ivory reportedly bound for Cambodia was seized by authorities in Mozambique late last week, according to the NGO Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). CITES' information was based on a report from the