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Vietnam to put $5bn petrochemical complex in full commercial production next year

SCG set to finish IPO plan study

SCG set to finish IPO plan study published : 30 Apr 2021 at 04:02 Mr Roongrote said the company s revenue jumped by 15% to 122 billion baht in the first quarter of the year. SET-listed Siam Cement Group (SCG), Thailand s largest cement maker, expects to complete its feasibility study on an initial public offering plan for its SCG Chemicals unit and restructuring in 2022. The chemical business has good potential because of high demand in Thailand and Asean and a shift in trend towards green chemicals and the food packaging business caused by the pandemic, said SCG president and chief executive Roongrote Rangsiyopash. The company saw its revenue in the first quarter increase by 15% to 122 billion baht and profit soar by 114% to 14.91 billion baht, driven by the chemical business.

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