SCG vows Asean coverage
Siam Cement Group (SCG), the country’s top industrial conglomerate, says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions. Kan Trakulhoon, the president and chief executive, said the expansion will accommodate growing regional trade under the Asean Economic Community (AEC) from 2015. “We’ve already started with Cambodia, Vietnam and southern China. Indonesia is the next step,” said Mr Kan, adding that by 2015 the company will have full logistics capabilities in Indonesia and Vietnam. In China, SCG Logistics Management Co provides services to the Mitr Phol Group, which has a large sugar operation in that country. Mr Kan said exports to Asean markets account for 35-40% of SCG revenue…
http://www.bangkokpost.com/business/economics/308580/scg-vows-asean-coverage
