Siam Cement Group completes land acquisition for joint venture project
Cement

Siam Cement Group completes land acquisition for joint venture project

The property acquisition for Bigbloc Construction's joint venture with Siam Cement Group, a manufacturer of aerated autoclaved concrete (AAC) blocks, bricks, and panels, is now complete (SCG). The company has purchased property to build a factory at Kapadvanj, Kheda district near Ahmedabad, Gujarat,...

The property acquisition for Bigbloc Construction's joint venture with Siam Cement Group, a manufacturer of aerated autoclaved concrete (AAC) blocks, bricks, and panels, is now complete (SCG). The company has purchased property to build a factory at Kapadvanj, Kheda district near Ahmedabad, Gujarat, for 3 lakh cu m of autoclaved lightweight concrete (ALC) panels and AAC blocks annually. The plant is anticipated to begin commercial production in 2023. Gujarat has been chosen for the first FDI from Siam Cement Group into India via the joint venture between SCG and Bigbloc. Contact: Siam Cement Group Website: www.scg.com

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