Acquisitions top Siam Cement CEO's to-do list

Undaunted by the challenges, Kan Trakulhoon, CEO of Siam Cement, is focusing on acquisitions in the region.

Acquisitions top Siam Cement CEO's to-do list

When Kan Trakulhoon, chief executive of Thailand’s Siam Cement Group, wanted to buy Indonesian petrochemical company Chandra Asri a decade ago, he courted the owners assiduously.

The Harvard-educated Trakulhoon was no stranger to Indonesia, having spent a stint in Jakarta during the throes of the Asian financial crisis in 1997.

However, he had little luck convincing the owners to sell.

“Many years ago in 2004, 2005, I...

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