Thai Cement Export: SCG, TPI Polene, Siam City Cement, and the ASEAN Cement-Export Cluster
Thai cement export ~USD 1-2B annual β SCG ASEAN cement-export tier-1 (Vietnam, Cambodia, Indonesia, Myanmar, Laos operations), TPI Polene cement-export tier-2, Siam City Cement (LafargeHolcim-affiliated) regional cement. Watchpoints: Vietnamese, Indonesian competition, EU CSDDD CO2, ASEAN infrastructure cycle.
Key takeaways
- 1
- 2
- 3
TPI Polene tier-2; Siam City Cement (LafargeHolcim-affiliated) regional.
- 4
ASEAN, Bangladesh, Africa, Middle East export markets.
- 5
ASEAN infrastructure-spend cycle drives demand.
- 6
Watchpoints: Vietnamese, Indonesian competition, EU CSDDD CO2.
Questions this report answers
How big is Thai cement export? Per Customs / DITP: Thai cement export ~ annual. SCG (SCC SET-listed) tier-1 ASEAN cement-export with operations Thailand, Vietnam, Cambodia, Indonesia, Myanmar, Laos. TPI Polene (TPIPL SET-listed) tier-2 cement-export. Siam City Cement (SCCC SET-listed LafargeHolcim-affiliated) regional cement with Sri Lanka, Vietnam operations.[, , , ]
What's the demand-driver structure? Per Bangkok Post: Major export markets: ASEAN, Bangladesh, Africa, Middle East. Cement-clinker export significant. ASEAN infrastructure-spend cycle (Vietnam high-speed rail, Indonesian Nusantara new-capital, Cambodia, Laos infrastructure) drives demand.[]
What are watchpoints? Per Bangkok Post: Vietnamese, Indonesian cement competition (Vietnamese cement Hanoi VICEM, Vissai), EU CSDDD CO2 reduction (cement is high-CO2 process), ASEAN infrastructure-spend cycle, Pheu Thai-led Thai infrastructure expansion.[]
Executive summary
Thai cement export ~ annual. SCG tier-1 ASEAN; TPI Polene, Siam City Cement tier-2.[, ]
ASEAN, Bangladesh, Africa, Middle East export markets. ASEAN infrastructure-spend cycle drives demand.[]
Watchpoints: Vietnamese, Indonesian competition, EU CSDDD CO2, ASEAN infrastructure-cycle.[]
Thai cement export structure
Annual cement export
Value
~USD 1-2B
Notes
FY2024.
SCG ASEAN
Value
Tier-1 cement-export
Notes
Vietnam, Cambodia, Indonesia, Myanmar, Laos.
Value
Tier-2 cement-export
Notes
SET-listed.
Value
Sri Lanka, Vietnam regional
Notes
LafargeHolcim-affiliated.
Major markets
Value
ASEAN, Bangladesh, Africa, ME
Notes
Diversified.
Demand driver
Value
ASEAN infrastructure-spend cycle
Notes
Vietnam HSR, Nusantara new-capital.
| Metric | Value | Notes |
|---|---|---|
| Annual cement export | ~USD 1-2B | FY2024. |
| SCG ASEAN | Tier-1 cement-export | Vietnam, Cambodia, Indonesia, Myanmar, Laos. |
| TPI Polene | Tier-2 cement-export | SET-listed. |
| Siam City Cement | Sri Lanka, Vietnam regional | LafargeHolcim-affiliated. |
| Major markets | ASEAN, Bangladesh, Africa, ME | Diversified. |
| Demand driver | ASEAN infrastructure-spend cycle | Vietnam HSR, Nusantara new-capital. |
Analyst framing
Why this report matters
Unlock the full report
Need more than the web report? Ask for a scoped export or source appendix.
Every report keeps visible citations and source metadata. Terms.