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Siam Cement CEO: Southeast Asia must scale up to counter China's overcapacity

By PulseAugur Editorial · [1 sources] ·

Thammasak Sethaudom, CEO of Siam Cement Group (SCG), stated that overcapacity from China is a significant challenge for Southeast Asian manufacturers. He advised regional companies to increase their production scale to serve the entire ASEAN market, rather than just individual countries, to remain competitive. Sethaudom also highlighted the benefits of automation in improving product quality and precision, and noted that SMEs in the region are rapidly adopting AI to drive business results. AI

IMPACT Suggests AI adoption is accelerating among SMEs in Southeast Asia, driving demand for advanced infrastructure and services.

RANK_REASON CEO commentary on market conditions and competitive pressures.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Siam Cement CEO: Southeast Asia must scale up to counter China's overcapacity

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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Jay Ganglani ·

    China’s cheap exports are ‘a fact of life,’ Siam Cement Group’s CEO says—so Southeast Asia’s factories need to get bigger

    The Thai industrial giant says regional scale, not national scale, is the only way to keep unit costs low enough to compete.

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