Thailand: Siam Cement Group (SCG) will allocate US$6bn between 2025 and 2030 to improve the sustainability of its businesses. The investment focuses on SCG Chemicals and SCG Cleanergy, with the latter increasing its renewable power capacity to 3500MW by 2030 and constructing a new heat battery unit for energy storage at the SCG cement plant in Saraburi. The company is also looking to expand into Vietnam, Indonesia and the Philippines.
President and chief executive Thammasak Sethaudom said “We focus on these businesses as they promise sustainable growth, in line with our inclusive green growth mission.”
