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Article: SCC unit shifts its focus: Recycling expected to increase margins.
- Article from:
- Bangkok Post (Bangkok, Thailand)
- Article date:
- August 17, 2006
CopyrightCOPYRIGHT 2006 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Busrin Treerapongpichit
Aug. 17--SCT Co, the international trading arm of Siam Cement Group, is focusing on its new recycling and alternative energy businesses in order to raise margins, according to managing director Kalin Sarasin.
The company decided to diversify into these higher-margin businesses at the beginning of the year after generating just 2-3 percent growth from trading cement and construction materials.
In the first seven months of the year, the company reported sales of 17.5 billion baht, an increase of 5 percent from the same period last year. Sales for the whole year were expected to reach 27 billion baht, said Mr Kalin. ...
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