Skip to main content

SCG acquires Vietnam Construction Materials

Published by , Assistant Editor
World Cement,


SCG Cement-Building Materials Company Ltd., a subsidiary of SCG. As acquired 100% equity in Vietnam Construction Materials JSC, which is an integrated cement operator in central Vietnam.

The enterprise value of the transaction is US$440 million, including net debt and additional efficiency improvement investment to the required assets.

 

A cement production capacity of 3.1 million t in central Vietnam will be acquired, providing the potential for further efficiency enhancements to the total capacity. Following the transaction, SCG will have a combined cement capacity o 10.5 million t across the ASEAN region.

 

Read the article online at: https://www.worldcement.com/asia-pacific-rim/30032017/scg-acquires-vietnam-construction-materials/

You might also like

World Cement podcast

World Cement Podcast

In the latest episode of the World Cement Podcast, we are joined by Eoin Condren, Corporate Development Executive Director for Ecocem. Topics covered include: the importance of investing in innovation, the role of policy and legislation in supporting next generation cement products, and a look at some exciting new technologies.

Listen for free today »

 
 
 

Embed article link: (copy the HTML code below):