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News Siam Cement Group signs US coal import deal

Siam Cement Group signs US coal import deal

Written by Global Cement staff 05 October 2017
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Thailand: Siam Cement Group (SCG) has signed a deal to import 155,000t of coal from the US for its cement plants in Thailand and elsewhere in the Association of Southeast Asian Nations (ASEAN). Kalin Sarasin, a senior SCG executive and chairman of the Thai Chamber of Commerce and Board of Trade, made the announcement following an official visit to the US by Prime Minister Prayut Chan-o-cha, according to the Nation newspaper.

SCG will buy 100,000t of US coal in the first contract and a second contract will be for 55,000t to test the quality. Subsequently, the cement producer may buy more coal. At present, SCG imports around 6Mt/yr coal from Indonesia and Australia. The US coal will be used to substitute some of the Indonesian supply, which has been imported due to a higher demand for coal for power stations.

Last modified on 11 October 2017
Published in Global Cement News
Tagged under
  • Thailand
  • Siam Cement
  • US
  • Coal
  • Import
  • Deal
  • Indonesia
  • Australia
  • GCW323

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