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Markets: SIAM Cement-BigBloc JV to work on building material solutions

Fiinews by Fiinews
June 15, 2024
in Markets
Reading Time: 3 mins read
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Siam Cement Big Bloc JV.

Siam Cement Big Bloc Jv Celebrates Kheda Plant Production Launch.

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Kheda plant setting a record in India’s ACC industry, says Saboo

SIAM Cement BigBloc Construction Technologies Pvt Ltd, a 52:48 joint venture company between India’s BigBloc Construction and SCG International of Thailand, will work together on all building material solutions to strengthen the supply chain in India, leverage each other’s capabilities, and provide exceptional solutions to the construction industry.

This was announced after the JV launched its India operations with the commercial production of its first plant in Kheda, Gujarat http://indiacements.co.in .

Moving forward, SCG and Bigbloc will work together on all building material solutions to strengthen the supply chain in India, leverage each other’s capabilities, and provide exceptional solutions to the construction industry https://sbi.com.in/ , Naresh Saboo, Managing Director, BigBloc Construction Ltd said in a release on 14 June.

“With approval from both joint venture parties, the project has the potential to expand to 5 lakh cubic meter per year in the second phase https://www.ibef.org/ .”

Construction of the Kheda cement plant began in September 2023, and within a year, production started, setting a remarkable record in India’s AAC industry, said Saboo https://www.nseindia.com/ .

With the vision of launching next-generation walling solution for the Indian market https://www.buildersmart.in/ , the joint ventures has invested around Rs.65 crore in setting up a 2.5 lakh cubic meter per annum capacity project including India’s first AAC Wall Plant at Kheda district near Ahmedabad https://www.worldcement.com/ .

The plant was inaugurated by Pattarat Hongtong, the Ambassador of Thailand to India https://newdelhi.thaiembassy.org/en/ , a Guest of Honour in the presence of senior officials from SCG International, BigBloc Construction on 10 June 2024.    

BigBloc Construction holds 52% in the joint venture company while 48% with SCG International https://www.conexpoconagg.com/ .

“This collaboration combines SCG’s century-long expertise and advanced technologies with BigBloc’s deep understanding of the local market, we are poised to make a significant impact on India’s construction industry https://baionline.in/ by delivering cost-efficient and sustainable construction solutions,” elaborated Abhijit Datta, Head of International Business and Managing Director of SCG International https://www.bseindia.com/ .

“We proudly introduce ‘ZMARTBUILD WALL by NXTBLOC’ – the next generation of world-class walling solutions. This ground-breaking venture is not just about setting new standards; it’s about redefining the construction landscape in India, one wall at a time https://embassyofindiabangkok.gov.in/ .”

This is SCG Group’s first investment in India. Established in 1913, SCG is one of the largest cement and building material companies in Thailand and Southeast Asia with presence in various different verticals like Cement, Construction Materials, Packaging, Chemicals & Many others with presence in more than 22 countries along with multiple joint ventures with many international Companies. Fiinews.com

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