Country’s leading chemical supplier ‘sailing through a big storm,’ CEO says

20251215N SCG logo

SCG’s profit plunged in 2024, hurt by overproduction of competing Chinese goods. (Photo by Ken Kobayashi)

KENYA AKAMA and MAYUNE HOTTA

December 16, 2025 05:16 JST

BANGKOK — Thailand’s largest materials group, SCG, will reduce planned capital expenditures by up to 25 billion baht ($794 million) over the next few years as it weathers competition from Chinese products.