Business Daily Media

The Times


.

Accelerating forward Thailand’s cement roadmap, Dr. Chana Poomee, TCMA Chairman, is set to strengthen tie with global green funds boosting Thai industry competitiveness and effort to achieve the Net Zero 2050

"Dr. Chana Poomee" Chairman of Thai Cement Manufacturers Association (TCMA), announced the vision of 'TCMA Synergizing the Actions toward Net Zero 2050, to drive the cement industry, join forces in all sectors, upgrade industry energy transition with innovation, connect global green funds to realize Net Zero Goal, increase Thailand's industrial capacity, and respond to climate change megatrend.

BANGKOK, THAILAND - Media OutReach Newswire - 5 April 2024 - Dr. Chana Poomee, as being continued the leadership position of Thai Cement Manufactures Association for another term, presented a vision statement 'TCMA Synergizing the Actions toward Net Zero 2050', focuses on several key missions of accelerating the Thai cement industry, transitioning to clean energy, achieving Net Zero by 2050, integrating cooperation with all sectors, elevating TCMA's role on the international forum to connect green funds in helping Thai industry to cope with the green economy megatrend and sustainable growth.

TCMA

Dr. Chana Poomee, along with the TCMA Board, outlined the long-term direction of TCMA, which is a collaboration nexus of leading Thai cement producers. TCMA, over the next two years, 2024-2026 will accelerate its efforts to join forces with all sectors to achieve the key missions in four areas:

1. Research and development of new low-carbon cement such as calcined clay cement This mission will resume immediately after a successful transition to hydraulic cement as a primary cement in Thailand since January 1, 2024, marking Thailand's New Era of Low Carbon Cement.

2. Accelerating the expansion of maximize resource-efficiency mining practices according to the Minerals Act B.E. 2560 (2017) The intent of this mission is for the mining industry contributing to the sustainable economic development of the country, for example; joint development mining area 'Khao Wong Model' in accordance with the green mining practices, reducing environmental and health impacts from mining through innovation and technology, rehabilitate old mining areas into community water sources and learning centers, and contributing to a low-carbon society.

3. Building an integrated ecosystem and turning waste to value through the cement production process according to the Bio-Circular-Green Economy (BCG) Currently, the cement industry uses waste from the industrial, community, and agricultural sectors (after 3R process-reduce-reuse-recycle) as fuel in co-processing kilns. This initiative maximizes resource efficiency, reduces PM2.5, contributes to the zero-landfill, and most importantly, lowers greenhouse gas emissions. TCMA, with this action aims to reduce greenhouse gas emissions not less than 6.9 million tons of carbon dioxide in 2030.

4. Leveraging innovation for industry's transition to clean energy This mission requires a synergy of government policies, appropriate technology, and global green funds to support Thailand in transitioning to clean energy and boosting competitiveness. TCMA will work closely with partner agencies, such as Thailand Fellowship Cement Manufacturers, Federation of Thai Industries, Board of Trade of Thailand, Thai Bankers Association, and etc.

Furthermore, "PPP-Saraburi Sandbox: A Low Carbon City" will be accelerated. This project is the partnership among public, private and people by using 3C approach: Communication-Collaborative action- Conclusion(step-by-step). Saraburi Province is selected as pilot area for several prototype GHG reduction approaches and projects, which respect different cooperation framework of each sector and align with Thailand NDC Roadmap. To achieve a concrete result, the pilot project has been implement:- 1) Energy Transition, such as a solar energy project, Napier grass cultivation as energy crop, the grid modernization project, and the CCUS research project; 2) Industrial Processes and Product Use (IPPU) such as produce hydraulic cement and develop new types of low-carbon cement; 3) Waste management such as turning waste into Alternative Fuels (AF) and Refuse Derived Fuel (RDF); 4) Agriculture such as promoting alternate wetting and drying at rice paddle field and 5) Land Use, Land-Use Change and Forestry (LULUCF)

"The implementation of this project will result in a win-win-win situation for all parties. This success however, would not have been possible without the concerted effort and support of all sectors, in particular regarding regulations that must be revised to enable the project to proceed. As these prototype projects are rolling out, we are also learning and understanding pathways to work forward. Some success project can be extended to other provinces and some failure will find solutions, such as proposing to relevant agencies, in local and central governments, to amend regulation roadblocks," said Dr. Chana Poomee.

Dr. Chana concluded that "With the strong determination and clear policy, TCMA will synergize its actions in implementing the abovementioned policies to support the government and other relevant sectors, including those at the regional level, such as the ASEAN cement collaboration towards decarbonization, and at the global level, such as continued attending COP27 and COP28, and working closely with Global Cement and Concrete Association (GCCA), in collaboration with the UNFCCC and the World Economic Forum. TCMA will build networks to foster synergy, connect funding to Thailand, sharpen the competitiveness of the industry, and support transition Thailand to a low-carbon society as intended."

Thai cement industry outlook in 2024, estimated will rebound compared to the year before. Thanks to enabling factors from the recovering tourism and related services sectors, growing exports which will in turn stimulate private construction sector, together with the ongoing government's mega projects and a positive outlook after the Annual Budget Act came into effect. However, with the rising cost of living and high levels of household debt, the purchasing power of residential consumers is hard hit. In addition, inflation, interest rates, and the overall economic slowdown are also negatively affecting private sector investment (commercial) as well as the health of the Thai economy.


Hashtag: #TCMA #NetZero2050

The issuer is solely responsible for the content of this announcement.

News from Asia

Style3D Advances Fashion AI from Content Generation to Connected Product Workflows

MUNICH, GERMANY – Media OutReach Newswire – 31 August 2026 – Style3D connects generative AI, 3D technology, and structured product data to help fashion teams move from ideas to connected workflows...

Jungheinrich Marks 25 Years In Singapore, Leading APAC Strategic Hub And Electrification In The Market

Jungheinrich marks 25 years of presence in Singapore, as country's backbone for material flow of goods and a driver of sustainable intralogistics solutions, with more than 7,000 machines in...

Taiwan outpaces asia average in workplace AI adoption: 96% of professionals use AI at work, skills confidence ranks highest across 10 markets

Nearly 8 in 10 professionals see AI as a career opportunity, not a threat 96% of professionals in Taiwan are already using AI at work, above the Asia average of 93%; 79% believe AI will have...

2026 ALUXE Unveils the New Disney Winnie the Pooh 100th Anniversary Wedding Ring Collection

The Honey Halo Collection Captures a Heart-Stirring Journey of Love Through Two-Tone Diamonds and Honeycomb-Inspired DesignSINGAPORE – Media OutReach Newswire – 31 August 2026 – The year 2026 mark...

Lee Kum Kee Sauce Creates Summer Internship Experience for Local Secondary School Students

Participating in the CMA’s “Business-School Partnership Programme” and FHKI & HKSTP’s “Innopreneur Experience Journey”HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – This month, Le...

WisPaper Introduces TrueCite to Help Researchers Verify AI-Generated Academic References

SINGAPORE - Media OutReach Newswire - 31 August 2026 - WisPaper has introduced TrueCite, a citation verification tool designed to detect and flag AI-hallucinated academic references as concerns g...

V Aesthetics Holdings Commits S$400,000 to Support Dogs in SOSD’s Care

Largest single-year corporate commitment received by SOSD will support welfare staffing, improved bedding, enhanced nutrition and shelter upgrades for close to 200 dogs in its care.SINGAPORE - Med...

Cushman & Wakefield Speaks at RICS China Summit 2026, Sharing Insights into Global Assets and Technology Reshaping Under the New Landscape of the 15th Five-Year Plan

HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – Cushman & Wakefield, a leading global real estate services firm, has participated in the RICS China Summit 2026. The firm's represent...

TrueHealth Medical (02697.HK) H1 Revenue Surges over 30-Fold; Surgical Robots Enter Accelerated Commercialization

HONG KONG SAR – EQS Newswire – 31 August 2026 – A national charging framework for surgical robots was formally established earlier this year, heralding imminent industry-wide volume growth. With p...

Apical Provides Free Health Screenings and Treatment for Lubuk Gaung Residents

SINGAPORE - Media OutReach Newswire - 31 August 2026 - Apical, through PT Sari Dumai Oleo (PT SDO), recently provided free health screenings and treatment to more than 60 residents of Lubuk Gaung...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...