Profit for the Period, without the severance pay adjustment, dropped by 35% y-o-y to 10,530 MB. EBITDA was 14,866 Million Baht, profit for the year was 6,319 Million Baht, the increase of 20% and 36% respectively from the previous year mainly from increasing production efficiency projects and cost saving management. Lists Featuring This Company. Home/Business/ Impact of Covid-19 on Global HDPE Wax Market Revenue Strategy 2020: Alpha Wax, SCG Chemicals, Marcus Oil & Chemicals Private Ltd, Mitsui Chemicals, etc. Factoring in the severance pay adjustment, Packaging Business’ Profit for the Period will stand at 2,718 MB. Read More. Business Technology World husain December 22, 2020 … Continue … SCG Consolidated revenue from sales increased 6% yearon- year to 478,438 Million Baht on higher sales volume from every Business Unit. requirements. Examples include the development of special-grade polyethylene compounds with SMX Technology™ for converters and brand owners who look for higher quality plastic resins with reduced material consumption while maintaining mechanical properties, and the development of Specialty Additives for fully recyclable packaging. EBITDA registered at 4,469 Million Baht and profit for the year was 3,431 Million Baht. As of September, SCG's petrochemical business made up 41.1% of total revenue. SCG’s revenue from sales in the fourth quarter dropped by 4 per cent on-year to VND83.3 trillion ($3.62 billion) from the lower chemicals product prices, but increased 3 per cent from increased chemicals sales volumes and the domestic growth in the cement-building materials business. Mr. Roongrote Rangsiyopash, President and CEO of SCG, disclosed the Company’s unreviewed Operating Results for Q2/2019 with registering Revenue from Sales of 109,094 MB, a decrease of 9% y-o-y, mainly from lower chemicals product prices and a 3% drop q-o-q with decreases from all core businesses. In 2018, Chemicals Business, SCG applied for 180 patents in Thailand and overseas combined and set aside over THB 2.48 billion for research and development, an equivalent of 53 percent of SCG’s total research and development budget and 1.1 percent of the sale revenue of the Chemicals Business, SCG. Profit for the Period, without the severance pay adjustment, dropped by 46% y-o-y and 28% q-o-q to 4,424 MB. Packaging Business showed outstanding growth with good scalability potential in line with the domestic and regional economic growth, particularly in ASEAN. Profit for the Period, without the severance pay adjustment, amounted to 1,837 MB with a rise of 10% y-o-y but declined 40% q-o-q. Hence, SCG actively focuses on tapping potential and fast-growing markets like retail Business. All content is … Cement-Building Materials Business demonstrated robust growth, particularly in continuous investment in Thailand’s government construction projects along with the positive economic output of all countries in the region except Indonesia that faces domestic demand weakening. As for operating results for the first nine months of 2020, SCG registered VND148.67 trillion ($6.46 billion) in revenue from sales, a fall of 9 per cent on-year due to decreased chemicals selling prices in-line with the drop in oil prices. This includes the reviewing the investment projects where SCG focusing on projects that can rapidly generate values. Revenue from sales in Vietnam therefore stands at … A decreased EBITDA of 1% and decreased profit of 7% from the preceding year were due to the asset impairments in third quarter of 2018, which amounted 1,320 Million Baht. SCG’s Revenue from Sales for the first half of 2020 dropped 9% y-o-y to 201,751 MB, due to lower chemicals prices. To ensure Stability, SCG lays stress on business’s proper liquidity management by maintaining working capital at an appropriate level. EBITDA was 46,117 Million Baht, and profit for the year was 29,166 Million Baht, which decreased 28% and 29% respectively as a result of higher naphtha cost and the stronger Thai baht FX, and lower equity income from associates. In 2018, revenue from sales of Chemicals Business totaled 221,538 Million Baht, which increased 7% from the previous year due to an increase of products prices following an increase of crude oil prices. SCG’s Revenue from Sales of High Value Added Products & Services (HVA) for Q2/2019 reached 47,164 MB or 43% of total Revenue from Sales, representing an increase of 4% y-o-y and 4% q-o-q. As for operating results for the first nine months of 2020, SCG registered VND148.67 trillion ($6.46 billion) in revenue from sales, a fall of 9 per cent on-year due to decreased chemicals selling prices in-line with the drop in oil prices. Mr. Roongrote said, “Despite a series of hurdles ranging from trade war, global economic slowdown, severance pay adjustment in Q2/2019 and inventory loss affecting SCG’s operating performance for the second quarter and the first half of 2019 — especially in the chemicals business, SCG continues to broaden innovative and HVA product and service range along with striving to integrating the circular economy concept into its operations while delivering holistic solutions for customers. SCG Announces Operating Results for Q2/2019 and H1/2019, SCG satisfies home lovers, offering energy saving solutions, leveraging digital technology to end Roof Leakages, enabling customers to achieve “Energy Saving, Worry-Free, Comfort Living” under SCG Roofing, AddVentures by SCG Wins “Investor of the Year 2019” Award from “Startup Thailand 2019”, SCG Wins Popular Stock Award 2019 for Second Consecutive Year, Aiming to Drive Long-term Growth Based on Circular Economy, B.Grimm and SCG units join forces to offer cutting-edge industrial solutions, SCG Supports Open Innovation through Collaboration with Startups: Driving “Open Innovation” to Serve Customers in the New Normal, AVEVA and SCG Announce Strategic Partnership to Deliver ‘Digital Reliability Platform’ Supporting the implementation of Industry 4.0, SCG International teams up with SCG Logistics Offering Electric Vehicle Total Solution in supporting green logistic trend, SCG Lampang Clarifies that the Company Does Not Own Omkoi Coal Mine And Insists not Buying Any Raw Materials from Illegal Sources. Profit for the Period, without the severance pay adjustment, dipped 16% y-o-y to 20,741 MB, owing to the drop in chemicals margins on global trade war concerns. As a result, H1/2019’s Revenue from Sales fell to 92,235 MB or dropped 16% y-o-y, primarily because of lower product prices. The total assets of SCG, as of June 30, 2019, amounted to 618,591 MB, while 33% represented assets in ASEAN. SCG focuses on accelerating business growth by expanding production capacity in the Philippines’s UPPC factory and Vietnam’s BATICO factory on top of acquiring shares of Fajar, a major Indonesian packaging paper manufacturer. The Siam Cement Group (SCG) has announced that revenue from sales amounted to $349 million in Vietnam during the third quarter, an increase of 18 per cent year-on-year and mainly from its chemicals business. Bangkok, Thailand 13-Nov-2020 Solution Architect. Also, SCG has sought enhancements of manufacturing effectiveness and cost reduction initiatives with the help of technology. SCG also underlines increasing export opportunities following the global market. In addition, The Board of Directors of SCG has approved a H1/2019 interim dividend payment of 7.00 Baht per share (8,400 MB), which is payable on August 23, 2019, XD-date on August 8, 2019 and record date on August 9, 2019. Initiatives include onsite solar panel installation, which can generate 77 megawatts of electricity, reducing the use of external sources, and saving approximately 350 MB per year. Glassdoor gives you an inside look at what it's like to work at SCG, including salaries, reviews, office photos, and more. As for Operating Results for the first 9 months of 2020, SCG registered Revenue from Sales of 302,689 MB, a fall of 9% y-o-y, due to decreased chemicals selling prices in-line with the drop in oil prices. SCG announced its operating results for Q2/2019 and H1/2019 with shrinking profits spawned by trade war tensions, pledging to push forward development of innovative and high value added products and services and achieving a circular economy complemented with delivering total solutions for customers and accelerating major investment projects to meet the planned target. The Chemicals Business strives to offer products and services that reflect to customers’ needs, by developing innovative and Value-Added products and services that offers best quality while using less plastic materials for circular economy. SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, is optimistic that 2018 revenue will rise by 5-10%, as expected earlier. As a result, Revenue from Sales for H1/2019 would dip by 5% y-o-y to 41,529 MB, attributed to demand softness in both Packaging and others paper (Fibrous). Earnings before interest, depreciation and amortisation totalled Bt30.42 billion during the first half, up … SCG’s Revenue from Sales for the first half of 2019 lessened by 7% y-o-y to 221,473 MB, predominantly due to lower chemicals prices. Sales Executive ( SCG Chemicals) Bangkok, Thailand 13-Nov-2020 5121. Factoring in the severance pay adjustment of 482 MB, Chemicals Business’ Profit for the Period will stand at 3,942 MB. A series of measures taken to ensure long-term growth and maintain stability. Ministry of Public Health and AstraZeneca conclude supply agreement for 26 million doses of COVID-19 vaccine, SCG Wins the First Prize of the World’s DJSI in Sustainability Development Continue Building the Circular Economy Collaboration Network in solving an Environmental Crisis. SCG Plastics Co., Ltd. 1 Siam Cement Road, Bangsue, Bangkok 10800 Thailand Chemicals Business, SCG, unveils its circular economy roadmap, with four core plans to achieve sustainability through innovation and plastic recycling technology. With 57 percent growth in its profit, SCG is well on track to achieve continued growth despite the challenges brought about by the COVID-19 pandemic. Moving forward, the Cement-Building Materials Business will continue to grow within the region with the market owner strategy and asset-light investment such as franchise-based retailing and distribution as well as construction solution services. Factoring in the severance pay adjustment, SCG’s Profit for the Period will stand at 18,706 MB. Besides, SCG has recently launched SCG Advanced Materials Laboratory, an R&D center in Oxford, the United Kingdom with a mission to develop prototypes of Functional Materials. Profit for the Period declined 13% y-o-y to 16,355 MB, which is mainly attributed to decreased chemicals margins during Q1/20. The measure can produce 9.6 megawatts of electricity. It allows customers to have real-time access on the Internet and to manage information efficiently. Another scheme is the waste-to-energy approach, such as power generation from waste in paper manufacturing. Investors Active in Tel Aviv . The Packaging Business continues focusing itself as the ASEAN market leader that provide the total packaging solutions in response to customers’ needs, including sustainable business growth. Alongside startup venture, SCG has encouraged in-house startups and forged more collaborations to develop deep technologies to streamline operations of all SCG core business units. Consolidated revenue from sales increased 6% yearon- year to 478,438 Million Baht on higher sales volume from every Business Unit. Profit for the period declined 13 percent to $517 million) because of decreased chemicals margins during in the first quarter. Examples include the acquisition of Fajar shares in which its operating performance will be combined with SCG’s Packaging Business in the third quarter of 2019. This also includes other factors stemming from the e-commerce boom and growth in the fast food industry. Profit for the Period, without the severance pay adjustment, rise of 17% y-o-y to 4,877 MB. The Company is also steering major investment projects with the aim to help generate business values to meet the planned goals. Recovery in the global chemical market, increase in the proportion of HVA products, strong packaging business and transformation efforts in the cement-building materials business drive SCG’s Q3 2020 profit growth. Chemicals Business, SCG, provides financial services to its trading partners in three main areas as follows: E-Bill Presentment This program displays outstanding balance, invoices and tax certificates. SCG’s Revenue from Sales of Q4/2019 dropped by 4% q-o-q to 106,177 MB from lower chemicals and packaging paper prices and decreased 9% y-o-y mainly from decreased chemicals prices. In the last quarter of 2018, revenue from sales dropped 4% quarter-on-quarter to 117 billion baht from lower chemical product prices, but increased 3% year-on-year from higher chemicals … As a result, Revenue from Sales for H1/2019 would increase by 3% y-o-y to 94,238 MB, attributed to the continued growth contribution of the Thai grey cement sales. Track . Mr. Roongrote Rangsiyopash, President and CEO of SCG, disclosed, “ The Company’s unreviewed Operating Results for Q1/2020 registered Revenue from Sales of 105,741 MB, a decrease of 6% y-o-y, mainly from lower chemicals prices due to weak global demand. SCG reported sales in the third quarter of 110 billion baht, down … Packaging Business recorded Q2/2019 Revenue from Sales of 20,402 MB, a decrease of 6% y-o-y and 3% q-o-q, mainly due to demand softness in both Packaging and others paper (Fibrous). Revenue from sales was 221,538 Million Baht, which increased 7% from the previous year. Building Material Public Companies . This is the SCG company profile. Factoring in the severance pay adjustment of 2,035 MB, SCG’s Profit for the Period will stand at 7,044 MB. Factoring in the severance pay adjustment, Cement-Building Materials Business’ Profit for the Period will stand at 3,913 MB. To pursue the strategy of Long-term Growth Management, Chemicals Business put a spotlight on increasing its competitive advantage by leveraging SCG’s strength on HVA product and service development especially Sustainable Chemicals products and services that achieving a circular economy. Bangkok — November 30, 2020 Chemicals Business, SCG, has unveiled its 2021 business strategy towards a “Chemical Business for Sustainability,” which include a target to deliver “net-zero” greenhouse gas emissions by 2050 and a roadmap highlighting four main areas to drive the circular economy. This could be attributed to the operating results of Investment Business that recorded EBITDA inclusive of dividend from associated companies of 5,017 Million Baht and profit for the year of 6,378 Million Baht after deducting general and administrative expenses. Profit for the Period, without the severance pay adjustment, amounted to 1,375 MB, down 14% y-o-y and 18% q-o-q. Furthermore, Logistics Business has expanded temperature-controlled warehouse capacity. 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