Darienne L. Dennis
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October 26, 2000
Siam Cement Group Joins Forces with Accenture to Form IT Joint Venture

Bangkok (26-10-2000) – Siam Cement Group is teaming up with Accenture, the leading global consulting company, to set up a joint venture to provide information technology (IT) and eCommerce services to enhance Siam Cement Group’s IT capabilities and competitiveness, and be ready to serve the external market in the future.

"By strengthening our IT and eCommerce capabilities in our operations and reinforcing our IT human resources, Siam Cement Group aims to be more competitive in the world market. The Group therefore decided to team up with Accenture, which has a great deal of experience and resources in this area," said Mr. Chumpol.

The joint venture will provide integrated services for the development of IT and eCommerce strategy, IT business support within the Siam Cement Group, concentrating on world class Web Based Applications, Enterprise Resource Planning (ERP), Supply Chain Management, Customer Relationship Management, and eCommerce. The joint venture will leverage on Accenture’s worldwide network to expand this services beyond Siam Cement Group in the future.

"This strategic alliance is certainly a big step forward as it will help sharpen Siam Cement Group’s edge in the fast-changing IT world. Accenture realizes that SCG has maintained the country’s largest numbers of talented computer engineering professionals, while Accenture has heavily invested in IT intellectual property and also gained solid IT experiences working with world class leading organizations. We are confident that through our joint efforts we will be able to meet the goals we set," said Graham Henry, Member of the Global Executive Committee, and Chairman of Asia Pacific Geographic Council, Accenture.

"Accenture has successfully executed similar IT ventures in other countries and we are therefore confident that our expertise in this area will ensure the new joint venture’s long term success," Mr. Henry added.

Initially, the venture will focus on enhancing the Group’s IT operations, and training and developing personnel to ensure a smooth transition. Additional Accenture specialists will be provided to implement changes and develop the new venture into a world class IT services organization.

Siam Cement Group began restructuring its businesses last year (1999), with a view to improving its capabilities, efficiency and management to match current and future demands in the highly competitive global business environment.

Building on Accenture’s proven track record as a leader in IT amp; eCommerce, Accenture is providing clients with unmatched resources to achieve success in the eCommerce marketplace. Accenture has amassed considerable real-world experience through its alliance with and investment in over 175 dot-com businesses.

About Siam Cement Group
His Majesty King Rama VI issued a Royal Decree in 1913 establishing The Siam Cement Company Limited (now a public company limited) to create a domestic source of cement to reduce the country’s dependence on imports of this important construction material and to add value to domestic natural resources. Over the subsequent nine decades, Siam Cement has grown in line with the Thai economy and evolved to include basic industries vital to national development, such as construction materials, electrical products, steel, machinery, automotive products, paper, packaging and petrochemicals.

Currently, the Siam Cement Group comprises many companies that have earned international recognition for quality and for industry leadership in Thailand and the region. Siam Cement Group has 3 core businesses; Cement, Paper, and Petrochemicals.