Siam Cement Chemicals
1 Siam Cement Road, Bangkok, Bangsue, 10800, Thailand
Overview
SCG, a business conglomerate in the ASEAN region, has committed itself to conducting business in line with good corporate governance and sustainable development principles throughout 100 years. The Group's longstanding tradition of learning, adjustment and development in all areas has enabled SCG to survive the wave of crises and challenges and earn widespread recognition as a role model for other businesses, both locally and internationally. SCG was established in 1913 following a royal decree of His Majesty King Rama VI to produce cement, the main building material for infrastructure projects that greatly contributed to the progress of the country during that period. Since its founding, SCG has grown continually and diversified into three core businesses, namely SCG Cement-Building Materials, SCG Packaging and SCG Chemicals.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Building Material
- Business Development
- Construction
- Consulting
- Manufacturing
- Service Industry
Investment portfolio
- Black Bear Carbon
Participated · Equity · May 2021
Black Bear Carbon recovers high-quality carbon black from end-of-life tyres and converts the remaining materials into oil and gas, which the company says can be used for heat, electricity, or steam and provide additional revenue. The process aims to replace carbon-black produced from fossil fuels with a circular, lower-carbon alternative; the company claims each installation saves more carbon dioxide than 3 million trees consume. Founded by Christopher Twigg and based in Utrecht, the company plans to roll out hundreds of tyre upcycling plants with local partners, focusing next on Europe. Black Bear Carbon's first demo plant was destroyed in a February 2019 fire; the new flagship plant at Chemelot Industrial Park is expected to be operational by mid-2023. Financially, the company completed a first closing of €7.5M as the initial step in a €78M fundraising campaign for the flagship plant.