After starting up new cement plants in Cambodia and Indonesia (4Q15), its new cement plant in Myanmar (+7% to its capacity) will start up in Sep.- Packaging unit (8% of 1H16). Local cement price (-4% in 1H16) will continue pressured by competition. SCC announced 1H16 DPS of Bt8.5/share (34% of its 1H16 profit), XD on Aug 5.- Chemical unit (68% of 1H16). It plans to delist TPC; the tender offer price will be announced on July 29.- Cement and building materials unit (19% of 1H16). The YoY rise was backed by a better chemical unit (more equity income, +35% YoY) and paper unit (higher volume and margin from ramping up new capacity in Thailand and Vietnam), that made up for the softer cement and building materials units (a 5% drop in local cement price and 3percent fall in volume YoY, and higher depreciation).

Source: The Nation Bangkok July 29, 2016 10:07 UTC