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Bangkok Post
Bangkok Post
Business

SCG warns industrial costs may stay high amid war

The Long Son Petrochemicals facility in Vietnam.

Siam Cement Group (SCG), Thailand's largest cement producer and industrial conglomerate, has raised concerns that prolonged war in the Middle East could drive up global energy costs and disrupt raw material supplies, posing significant challenges to its operations.

Chief executive Thammasak Sethaudom said that if instability continues until this September, global oil reserves could be affected, leading to higher operating costs across industries.

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