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Friday, May 3, 2024

Thai company expects more cement consumption due to tourism

SCG Cement-Building Materials, a subsidiary of Thailand’s Siam Cement Group, anticipates cement consumption to grow by 1-2% year-on-year, exceeding 30 million tonnes in the current year. This growth is primarily due to the recovery of the tourism sector.

Having developed a “hybrid structural cement” that reduces carbon dioxide emissions during production, the company demonstrates its commitment to battling climate change.

Nithi Patarachoke, the 42 year old president of SCG Cement-Building Materials, asserts that the construction industry is expected to witness steady growth this year, primarily driven by tourism-related projects and building maintenance.

“As the country fully reopens, we’ve seen growth in the construction sector, spurred by demand from projects in tourist hotspots, Bangkok, and its neighbouring provinces,” Patarachoke…

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