TES and SCG International Collaborate to Create Clean Energy Solutions in Thailand northkoreatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northkoreatimes.com Daily Mail and Mail on Sunday newspapers.
LS Electric, the power supply solutions affiliate of LS Corp., will partner with Siam Cement Group (SCG), the second-largest firm in Thailand specializing in cement-building, materials and chemicals, to fortify its microgrid business in Southeast Asia, according to the firm, Thursday.
Ahmedabad (Gujarat) [India], December 22 (ANI/PNN): SCG International has formed a Joint Venture with Bigbloc Construction Limited to manufacture AAC Wall Panels and Blocks to meet the fast emerging demand for innovative products in the Indian construction industry. Land acquisition of the project is complete in Kheda District near Ahmedabad and the plant expects to start commercial operations in 2023. The venture aims to generate sales of Rs. 125 crores per annum operating at full capacity. Bigbloc Construction Limited will hold 52% of the equity while SCG International will hold 48%. The total investment in the project is estimated at Rs. 65 crore. This is SCG's first JV in India and the company is committed to a long and sustainable relationship in the region. SCG is one of the largest industrial conglomerates in Thailand & ASEAN with annual sales revenues of approx. US$16.5 billion in the calendar year 2021. SCG recorded a growth of 32.5% Y-o-Y and EBITDA of US$2.87 billion
Siam Cement Bigbloc Construction Technologies completes land acquisition for JV plant constructionweekonline.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from constructionweekonline.in Daily Mail and Mail on Sunday newspapers.