News Detail

SCG's revenue in Q3 and 9M2024 is similar to the previous year from cost reduction and adjustment in all businesses.

Ready to cope with the expansion war, severe global economic volatility by reducing costs throughout the organization and pushing green innovation to grow rapidly.

????Short-term solutions
✅ Reduce costs throughout the organization by 5,000 million baht by 2025.
✅ Reduce working capital by 10,000 million baht by Q1 2025.
✅ Terminate unprofitable businesses such as SCG Express and the digital technology business OITOLABS in India.
✅ Sell assets (Asset Divestment) to increase agility and focus on maintaining financial stability.
✅ Accelerate the increase in the proportion of alternative fuel use in cement plants in Thailand to 50% by 2024.

????Long-term strategies
✅ Increase the flexibility of raw materials for production with ethane in the Vietnam petrochemical project, which is a competitive raw material and also helps reduce carbon dioxide.
✅Accelerate development and export of green innovations such as: ????Eco-friendly plastic SCGC Green Polymer
????Low-carbon cement
????Expand the 3D Printing Mortar market to the South Asia, Middle East, and Africa (SAMEA) region
????Comprehensive clean energy business SCG Cleanergy aims to grow by 3,500 MW by 2030

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