Friday, October 31, 2008

Siam Cement delays Cambodia plant expansion

BANGKOK: Siam Cement PCL has delayed cement plant expansion in Cambodia and a new investment in Indonesia as cement demand falls due to a global economic slowdown, its cement division president said yesterday. Thailand’s biggest industrial conglomerate also saw domestic cement consumption dropping 6%-7% this year from 25.6 million tonnes in 2007, and at least 10% next year, Pramote Techasupatkul

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