Mr. Thammasak said that the world economy still faces risks from conflict in the Middle East. But the Thai economy is likely to improve from tourism. foreign investment Approval of the government’s 2024 budget that will begin disbursement in April. and economic stimulus measures from the government, such as reducing transfer-mortgage fees. Income tax deduction and granting loans for home loans for the real estate sector
And it is pleasing that the government sector gives importance to green issues. Whether preparing to propose a climate change act within this year Supporting the Saraburi Sandbox Project to become Thailand’s first low-carbon model city. If there is a push for green procurement (Green Procurement), it will serve as a model for other organizations to follow, which will further stimulate the concept of green to become concrete. Can reduce the world’s boiling situation As well as having a positive impact on the national economy in the long run.
However, SCG is still accelerating forward according to the Inclusive Green Growth approach, aiming for green business leaders. Along with creating a Net Zero society, developing green innovations to enter the global market. which has high demand and can grow a lot Recently, low-carbon cement (Generation 2) that can reduce carbon by 15-20 percent will be ready for sale. In addition, prepare for the domestic and regional economies that are recovering. By expanding investment in markets with high economic growth such as the SAMEA region (South Asia, Middle East, Africa) as for the Long Son project. Long Son Petrochemicals (LSP) will resume testing of the entire plant. To create readiness to produce high quality plastic pellets in the 3rd quarter.
Using AI to reduce energy use Receive green packaging
Packaging Business or SCGP creates quality and sustainable growth throughout the supply chain. From using recycled paper raw materials and increasing raw material management efficiency. Promoting comprehensive planting of eucalyptus trees To obtain quality raw materials and help store carbon in an area of 31,770 rai, amounting to 152,181 tons of carbon dioxide equivalent per year. and aims to increase the value of eucalyptus wood through continuous research and innovation. with a budget investment of 3 million US dollars In collaboration with Origin Materials, a leading technology company from the United States, developed “Bio-based Plastic from chopped eucalyptus wood pieces”
including increasing production efficiency By increasing the proportion of clean energy use, using machine learning technology and artificial intelligence (Artificial Intelligence) to help increase production efficiency to reduce energy use and costs. and create cooperation with various sectors to prepare for the growing trend of green business.
Introducing low carbon cement Ready to expand into other products
SCG Business Cement and Green Solution Develop innovations in various types of cement according to use. Most recently, the use of ‘low-carbon cement’ has increased to 85 percent, and on May 5, low-carbon cement (Generation 2) will be launched, which can reduce carbon dioxide emissions. 15-20 percent, equivalent to international standards Ready to set goals this year Change the production process of every cement factory in Thailand to low-carbon cement (Generation 2)
At the same time, it has also been expanded to other low-carbon products, such as ‘CPAC Low Carbon Concrete’, which reduces carbon dioxide emissions in the production process by at least 25 kilograms/cubic meter. Or equivalent to planting 25 trees for every 10 cubic meters of concrete used, with properties equivalent or better than before. ‘Tiger Decor Low Carbon’, ready-made cement with a low carbon formula. For floor casting or wall plastering Emits 38 percent less carbon dioxide compared to Portland cement. Including serving cement to customers in every segment such as
‘SCG ultra-durable structural cement, low carbon, Southern cement formula’ developed to suit the conditions of the southern region. ‘Seaside Concrete CPAC and Marine Concrete CPAC’ for the southern, eastern and western regions. Structure protection Buildings near the sea coast ‘CPAC Super Concrete, resistant to salty soil’ for the northeastern region which is an area of saline soil Resists the penetration of chloride and sulfate that accumulate underground. In addition, cement factories in the country have increased the proportion of using alternative fuels to 47 percent, while the Thung Song cement factory has improved its production process to be more efficient. To support the use of alternative fuels
Entering the smart home and building solution business
SCG Smart Living business focuses on developing construction material products and living solutions that meet customer needs, such as ‘SCG Heim High Ceiling House’, a new modern style home design. There is a usable space that meets the needs of modern living. Add a relaxing corner in the middle of the house With a large hall, Double Space, and still maintaining the quality of construction and living technology of SCG. Heim that customers trust ‘SCG Metal Roof Model Clip Lock 700’ is designed to be installed with the Clip Lock system, hiding the screw heads, eliminating the problem of leaks around the screw heads. Preparing to sell ‘SCG Modeena COFF’ fiber cement wall decoration material in the second quarter. Containing 48 percent of recycled materials from the production process and waste materials from other businesses, replacing the use of Virgin Fiber, reducing carbon emissions. But still strong, durable and beautiful.
At the same time, we are preparing to launch the new brand ‘ONNEX by SCG Smart Living’ (ONNEX by SCG Smart Living) for the first time at Architect 67, pushing into the business of smart solutions for homes and The building is full. By combining innovations that help improve the quality of living. Both aspects of saving energy create clean air and increase safety, such as the solar roof system Home air quality adjustment system and solutions for managing energy use in buildings
Entering new markets with high potential around the world
SCG Business Distribution & Retail continuously pushes its business into new markets with high potential, such as the SAMEA region, which has an average GDP value of more than 70 percent and has a combined population of more than 40 percent of the world. SCG International’s office in Saudi Arabia To manage the supply chain for customers in a complete manner. Through pushing SCG’s entire business network Covers the entire cement construction materials Paper and packaging as well as raw materials and industrial parts It plans to transport goods from Saudi Arabia to many countries around the world. and supply goods from other regions to Saudi Arabia as well.
Meanwhile, in the ASEAN market, they produce bag cement products targeting the high-growing Economy Segment, such as the 5-Star Cement brand in Cambodia, the ADAMAX brand in Vietnam, and the Bezt brand in Indonesia. In terms of the domestic retail business It has created awareness for SCG Home by recently holding the Grand Opening of the Khon Kaen branch.
Increase the proportion of sales of environmentally friendly plastic innovations
Chemicals Business or SCGC is moving forward to fully increase the proportion of sales of the world-friendly plastic innovation ‘SCGC GREEN POLYMERTM’ in order to seize the opportunity for the recovery of the petrochemical industry, which is likely to improve in the second half of 2024. In the past quarter, There are sales of 38,000 tons, with the whole year 2023 having sales of 218,000 tons, in line with the target of 1 million tons by 2030.
It also joins forces with leading partners such as HomePro to produce ‘Eco-friendly electrical appliances’ for the first time in Thailand. By bringing used electrical appliances back into a complete closed system recycling process. To change into high quality recycled plastic pellets Green Polymer for production into new products. In addition, under the company Sirplaste SA Portugal has also launched ‘SIRPRIME’, high quality odorless recycled plastic pellets or High Quality Odorless PCR HDPE Resin (PCR HDPE) produced. Made from 100% household plastic waste, using high-efficiency recycling technology to eliminate odors and foreign matter. Certified to European standards EuCertPlast and RecyClass.
Meanwhile, the ‘LSP Vietnam Integrated Petrochemical Project’ is undergoing a thorough evaluation and inspection of the machinery again. To ensure safety It is expected to resume testing and be ready for commercial production in the third quarter.
SCGD highlights 4 strategies to drive sales to grow 2 times in 2020.
SCG Decor Business or SCGD highlights 4 strategies to drive sales to grow 2 times by 2030 in response to the ASEAN market gradually recovering, including: 1. Create growth for the floor and wall tile surface decoration business. Through various operations such as expanding investment in factories in the southern region of Vietnam. Increase sales of products with high added value and expand distribution channels
2. Expand the sanitary ware business in ASEAN and expand investment in new sanitary ware factories in ASEAN Targeting sales of sanitary ware to grow 2 times or more than 10,000 million baht.
3. Expand business into related products and services Reinforcing being a leader in providing integrated services. and increase opportunities to sell related products
4. Invest and become business partners in the company’s core businesses. both domestically and abroad In addition, there is an emphasis on investing to increase efficiency and reduce production costs at the same time, such as a project to install a Hot Air Generator to reduce energy costs at two more factories in Thailand, expected to be completed in May. and a project to improve the SPC vinyl tile production line, which will begin producing products for the Thai market from the end of the second quarter with a production capacity of 1.8 million square meters per year.
SCG Cleanergy Business, complete clean energy Continuously grow according to the global mega trend that turns to using more clean energy. combined with government support This causes the clean energy market in the country to expand greatly. It currently has a total production capacity of 511 megawatts, an increase of 13 percent from the end of 2023, from cooperation with the public and private sectors to create new electricity trading projects. This year, the target capacity is to increase by 200 megawatts for trading. Electricity and the private sector
As for ‘Innovative batteries storing heat from clean energy’ in collaboration with Rondo Energy, USA, SCG Cleanergy has the potential to market in ASEAN. Therefore, it is an opportunity to bring such technology into the ASEAN market in the first period. and will continue to expand to other appropriate regions.
Meanwhile, Siam Refractory Industry Co., Ltd. has collaborated with Rondo Energy to develop the production of ‘Thermal Media’ for the first time, which is the main material for use in heat storage batteries (Heat Battery) which can expand power. Production of heat storage materials reached 12,000 tons per year at the end of last year. To support the expansion of the heat storage battery business
Tags: SCG reveals quarter revenue billion baht accelerating green innovation
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