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Product Innovation in Asia: Siam Cement Group

Product Innovation in Asia: Siam Cement Group

When we talk about product innovation in Asia and companies that are the on the cutting edge of technology, we are talking about companies like Siam Cement Group. Siam is one of the companies responsible for making Asia one of the most innovative regions on the planet. SCG has spent the last 100 years working diligently to create products that are environmentally friendly and will serve the purpose of improving the lives of millions. Their innovative products and services are at the forefront of the industry and their momentum is only getting stronger.

Siam’s Product Innovation in Asia

In order to celebrate their 100 years of innovation, SCG held a month-long showcase to show off their latest products and services. They dubbed the event, “SCG 100th Anniversary Innovative Exposition—The World of Innovation and Sustainability.” The company has long been one of the leaders in research and development and, with a staff of 2,634,is one of the largest employers in Thailand. SCG also has a strong presence in the Philippines with over 1,000 employees throughout the seven subsidiaries.

During the expo which ran the entire month of August from the 2nd through September 1st, SCG took the opportunity to present some of their newest achievements including a paper cup that bio degrades in only 90 days, a self-heating concrete that can repair surface cracks by itself, a flexible concrete fabric that sets and hardens when wet, a special resin that has advanced hygienic qualities that make it perfect for use in the medical industry, and paper products so sturdy and durable that they are being used to make furniture. This grand expo made it abundantly clear that their success relies in part on their aggressive stance on continued research and development to meet the changing needs of the people.

Product Innovation with SCG

The goal of SCG has long been to improve the quality of life of people. Thai Prime Minister YingluckShinawatra, in an interview with Manila Standard Today discussed the need for more businesses to follow in the footsteps of Siam Cement Group and put a strong emphasis on raising the standard of research and development for Asia.

SCG’s commitment to R&D is just one example of the incredible strides being made all over Asia. As they and companies like them continue to take the lead in the market place, the question that begs to be asked is what’s next?

To read more about SCG and their role in product innovation in Asia, check out this article: http://manilastandardtoday.com/2013/09/17/a-century-of-innovation/

 

 

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