Displaying items by tag: money

Thailand: Siam Cement Group’s concrete and aggregates division SCC Concrete Products and Aggregates (CPAC) has entered into a joint venture agreement with Swedish digitisation specialist BIMobject for the formation of BIMobject Thailand Co., Ltd. (BIMobject TH) on a 51:49 basis in favour of CPAC. This will provide building information modelling (BIM) - a service platform for use in conceptual design, material selection, and construction simulation of customers’ projects. Siam Cement Group president and CEO Roongrote Rangsiyopash said, “This is in line with SCC’s strategic plan to extend its breadth of innovative construction solutions.” The joint venture will have US$170,000 registered capital.

Iran: Shahrood Cement Company, which operates a 1.9Mt/yr integrated cement plant in Shahrood in north-eastern Iran, produced over 0.2Mt of cement over the nine month period ending 21 December 2019. Semnan province Industry, Mine and Trade Organisation chair Behrouz Asvadi said that all of the cement produced by the company was exported to countries on the Caspian Sea as well as to Afghanistan and Uzbekistan. Revenue over the period was US$5.06m. The company is meeting to discuss issues in shipping and crediting.