Supporting Thailand's development for more than 50 years
2nd largest cement producer in Thailand
Innovative supplier of cement products, services and solutions
Regional network covering Cambodia, Bangladesh, Vietnam and Sri Lanka
Businesses operated under Corporate Governance
The company was first established on May 16, 1969, as Siam City Cement Company Limited with an initial registered capital of 100 million baht. It began cement production after the completion of our first cement plant in 1972.
After five years of continuously successful operations, the Company proudly became a listed company on the Stock Exchange of Thailand in 1977. Then in 1981, the Company’s Saraburi plant replaced the imported bunker oil used as fuel in cement production with domestically sourced lignite coal.
In order to reduce the consumption of fuel, which represented a significant cost of cement production, SCCC became the first cement producer in Southeast Asia to introduce a waste heat recovery system in 1989. This converted heat captured from the cement kiln to produce electricity.
The Company was officially renamed “Siam City Cement Public Company Limited” in 1993 to reflect the nature of it being a fully listed company on Thailand’s stock exchange.
A major development for the company came in 1998 when Holcim Limited of Switzerland became a major shareholder. Debt restructuring and refinancing were completed in 1999 with capital increased to 300 billion baht. This allowed SCCC to expand production capacity and bring new products to the market.
A major shareholding change occurred on December 21, 2012, when Bangkok Broadcasting and Television Limited, a company in the Ratanarak Group, acquired 9.3 percent of the issued and outstanding capital shares of the Company from Thai Roc-Cem Company Limited and Holderfin B.V. This gave Ratanarak Group approximately 45.37 percent of issued and outstanding capital shares.
In 2013, SCCC acquired two Superblock Plc light-weight block plants. The Singburi plant began operations early in the year while the Ratchaburi plant started at the end of 2013.
The Company became the first cement manufacturer in Thailand to earn the Carbon Footprint for Product (CFP) and Carbon Footprint Reduction labels from the Thailand Greenhouse Gas Organization (TGO) in 2014. Moreover, the Company also received the Green Industry Level 5 (Green Network) Award for all of its plants. This is the highest award provided by the Thai Ministry of Industry. SCCC was the first company in the Thailand cement industry to be awarded Green Industry Level 5 certification for all of its cement manufacturing facilities.
Holcim sold 24.9 percent of total issued shares in SCCC to Jardine Cycle & Carriage Ltd, a Singapore-listed subsidiary of Jardine Matheson Group, on 30 March 2015.
In September 2015, the inception of the ASEAN Economic Community (AEC) presented SCCC with an opportunity for regional business growth. The Company took steps to expand into overseas markets at this time. A joint venture was created to build a cement plant in the Kingdom of Cambodia under the name of Chip Mong INSEE Cement Corporation. SCCC held a 40 percent stake in this joint venture, with the remaining 60 percent held by Chip Mong Group Company Limited and three family members. Chip Mong INSEE Cement Corporation was officially established in December 2015. This cement plant, which was the most modern facility in the Kingdom of Cambodia upon opening, has a dry process cement kiln with an annual production capacity of 1.5 million tons.
At the end of 2015, SCCC was awarded six awards in three categories at the Thailand and ASEAN energy awards. These included victories in the Special Submission, Off-Grid-Thermal, and Tropical Building categories. Such awards are a source of pride for the Company and encourage organizations of both state and private sectors to understand the importance of efficient energy usage as well as to elevate Thai energy in order to reach international standards.
In 2016, opportunities arose in the acquisition market. During this time, the Company acquired CEMEX (Thailand), CEMEX (Bangladesh) and Holcim (Lanka). Meanwhile, SCCC bought some assets in Valence Corporation Limited (Thailand), and specific interests were tabled for the possible acquisition of Holcim (Vietnam). Additionally, the Company disposed of all investment in Holcim Cement (Bangladesh) Co., Ltd. to Holderfin B.V. in November 2016 for USD16.92 million or equivalent to approximately 590.1 million baht.
The transfer of 65 percent of the total charter capital of Holcim (Vietnam) Co., Ltd. from LafargeHolcim Limited was completed on 28 February 2017. On 23 March 2017, the Company established a new subsidiary, Siam City Cement Trading Co., Ltd., to operate trading and import and export business.
Shortly thereafter, the Company increased its registered capital to 298 billion baht as part of a resolution at the Annual General Meeting of Shareholders on 31 March 2017. In 2018, SCCC continued to develop and expand the products of its subsidiaries to serve local market demand. Examples of this include the expansion of INSEE Superblock’s wall-panel solution business as well as INSEE Ecocycle’s growth of industrial cleaning services and Municipal Solid Waste/Refused Derive Fuel management (MSW/RDF).
Currently, the Company is determined to grow its business portfolio and revenue base by expanding businesses and establishing local and foreign subsidiaries and joint venture companies throughout Southeast Asia and South Asia. These subsidiaries and associated companies are working hard to develop products and services related to the Company’s core business encompassing operations involving many types of construction products and fiber-cement decorative materials for architecture, both domestically and abroad. Meanwhile, peripheral businesses, such as waste management, industrial cleaning services and international seaborne trade, continue to add value.
Established
"INSEE Sustainability Ambition 2030"
Thailand's Top
Corporate Brand Value 2020"
50 Years INSEE
Thailand's TopCorporate Brand Value 2019
Thailand's Top Corporate Brand Value 2018
Business Expansion
in cement business, named “Siam City Cement (Vietnam)”
Thailand's Top Corporate Brand Value 2017
Business Expansion
in cement business, named “Siam City Cement (Lanka)”
Business Expansion
in cement business, named “Siam City Cement (Bangladesh)” and “Globe Cement”
Partial Asset Acquired
in industrial cleaning service business “Valence Corporation”
Jardine Matheson Group
becomes shareholder
Investment on Joint Venture Company
in Kingdom of Cambodia “Chip Mong INSEE Cement Corporation”
Awarded
Green Industry level 5
(Green Network) for all three plants, by Ministry of Industry
Awarded
Carbon Footprint for Products
by Thailand Greenhouse GasManagement Organization
Awarded
Carbon Footprint Reduction Label
for INSEE cement products as the first Thai cement producer to certified this award by Thailand Greenhouse Gas Management Organization
Assets acquired
of light-weight block,named “INSEE SUPERBLOCK”
GPS tracking
system fully installed on all bulk fleet of vehicles
Introduction of VAS
(value added services) INSEE FloorCrete and FloorApplication
Inroduction INSEE ThruCrete
Introduced of “NET PROMOTER SCORE”
Expanded of “INSEE CLUB CARD”
Completed of the 2nd Mortar line
Developed new
INSEE SUPER PLUS
Introduced INSEE DURACEM
Certified for Carbon Label
by Thailand Environmental Institute and Thaland Greenhouse Gas Management Organization for INSEE Petch, INSEE Dang,INSEE Dam and INSEE Fah for reducing CO2 emission more than 10% during the last five years which confirm our commitment to help reduce climate change and preserve the environment
Awarded
for outstanding workplace 2008 (Excellent LaborRelations and LaborWelfares) for the third consecutive year
OH&S 5 Cardinal Rules launch
and implement to achieve OH&S objective "Zero Harm to People"
Awarded
SCCC was one of the first companies in Thailand to be awarded the CSR-DIW certification by the Department of IndustrialWork, Ministry of Industry, to certifiy of its compliance with ISO 26000 guidelines for Corporate Social Responsibility
Thailand Corporate Excellence Awards 2007
SCCC was among the only eight Thai companies named by senior executives of top corporations as a candidate for the "Thailand Corporate Excellence Awards 2007".The Awards were organized by the Thailand Management Association and the SASIN Institute.
Awarded for outstanding workplace 2008
(Excellent Labor Relations and Labor Welfares)
Awarded
Green Industry level 5
INSEE concrete franchise
OH&S 12 Golden Rules
launched to reinforce OH&S performance
Start-up
aggregate business for Siam City Concrete
Certificates from Department of Industrial Works
Ministry of Industry on pleasant and environmental friendly Plants in honour of HM the King's 60th years accession to the Throne
Introducing
"INSEE Mortar Max"
a ready-to-use dry mortar
Repositioning Corporate
and Products under the "As I Wish" Branding Campaign
The Best Company
Voted Best Company in Thailand and Best Asia Company in the Construction Sector in Euromoney Asian company survey
TV CAMPAIGN (INSEE TONG 2006)
The Best Company
Voted Best Company in Thailand and Best Asia Company in the Construction Sector in Euromoney Asian company survey
INSEE (Eagle) family
Launch of INSEE (Eagle) family of cement products
Inauguration
of AFR blending plant
Siam City Cement
long-term debt reduced to zero
Awarded
TIS 18001 CERTIFICATION
Launch of webSALES initiative
Awarded
the 2000 Best Practices on Corporate Governance
Awarded the Audit Committee
of the Year 2000
Introduction of Alternative
Fuels and Raw Materials (AFR) program
Awarded
ISO 14001 Certification
Holcim
becomes shareholder in SIAM CITY CEMENT
Awarded
ISO 9002 Certification
Annual production
CAPACITY EXCEEDS 12 MILLION TONS
Siam City Cement Public Company Limited
In 1993, it changed its status to a public company and its name to Siam City Cement Public Company Limited
Introduction of 1st
waste heat recovery system
in Southeast Asia
Domestic lignite
Imported bunker oil kiln fuel replaced with domestic lignite
Listed on the Stock
Exchange of Thailand
SCCC started
cement production
in 1969 as Siam City Cement
Company Limited
