Cement News tagged under: Sampyo Cement

RSS feed

South Korea's cement prices rise again

04 August 2022, Published under Cement News

Cement prices in South Korea will rise for a second time this year, leaving ready-mix concrete producers to find ways to lessen the impact, reports Korea JoongAng Daily. Sampyo Cement will increase the price of cement by 11.7 per cent to KRW105,000/t from September. Buyers of Hanil Cement ’s product will pay out 15 per cent more at KRW106,000/t. Sampyo Cement increased its prices by 19 per cent in February 2022, along with Sungshin Cement, SsangYong Construction and Engineering and Ha...

South Korea's cement producers plan 18% price rise

05 January 2022, Published under Cement News

Major cement manufacturers in South Korea will be implementing a further rise in wholesale prices as the construction industry in the Asian country gathers pace, according to Maeil Business Newspaper. This follows a 5.1 per cent price rise from KRW75,000 (US$62.63)/t in July 2021, the second rise in a year following a price freeze since 2014. Ssangyong C&E has decided to lift the price of its first-class bulk cement to KRW93,000/t from February, representing an 18 per cent hike when compare...

Sampyo Cement joins the WCA

29 August 2019, Published under Cement News

The World Cement Association has announced tthat South Korea's SAMPYO Cement, a leading cement producer established in 1957, has joined the international association as a Corporate Member. "We are very pleased to welcome Sampyo Cement on board as the newest member of the WCA family," said Vincent Lefebvre, Chairman of the World Cement Association. "Sampyo is a world-class company that has already shown it is capable of competing in the global marketplace and we look forward to supporting ...

Three million shares in Sampyo Cement to be sold

04 May 2018, Published under Cement News

Tongyang Networks Corp says it plans to sell three million shares in Sampyo Cement Co Ltd, a South Korean cement firm, for KRW13.72bn (US$12.8m). Sampyo Cement is a slag cement producer with a cemnt capacity of 11Mta that owns the Samcheok integrated plant producing Portland cement and a grinding plant in Donghae, as well as two slag cement plants in Gwangyang and Busan.

Tongyang Cement changes its name to Sampyo Cement

29 March 2017, Published under Cement News

South Korea’s cement producer Tongyang Cement & Energy Corp that had been the parent company for the now-defunct Tonyang Group has changed its company name to Sampyo Cement during its shareholders meeting held in Gangwon Province, east of Seoul, on Friday.