Cement News tagged under: South Korea
Hanil Cement improves drilling efficiency15 February 2021, Published under Cement NewsHanil Cement opted to invest in an intelligent Epiroc SmartROC T35 surface drill rig from Epiroc for use at its limestone quarry near Danyang, in the north-eastern region of South Korea. For Hanil Cement’s whole machine fleet, the average number of drill metres per hour in September 2020 was 26.2, whereas for the SmartROC T35 it was 28.6. Likewise, average diesel consumption the whole fleet was 27.9lph, whereas for the SmartROC T35, it was 17.4lph. Sang-Gil Lee, Hanil Cement’s resource tea... |
Uzbekistan and South Korea to build Karakalpakstan plant28 December 2020, Published under Cement NewsUzbekistan and South Korea have been in talks to accelerate the implementation of an investment plan for the construction of a cement works in the Beruni region of Karakalpakstan, northwestern Uzbekistan. The issue was discussed by Vitaly Fen, the ambassador of Uzbekistan to South Korea, and Yu Cheol, chairmain of South Korea-based CARIS Co Ltd. The new plant would meet high-quality cement requirement in an expanding Karakalpakstan market as well as provide cement for exports. A feasibili... |
SungShin Cement orders two HOTDISC units11 November 2020, Published under Cement NewsSungShin Cement has ordered two FLSmidth H OTDISC Combustion Devices for its Kiln Lines 3 and 6. The first H OTDISC is expected to be commissioned in mid-2021 and the second at the end of 2021. After the recent installation at SsangYong’s Yeongwool and Donghae plants this will be teh third and fourth H OTDISC installations on the Korean peninsula. The H OTDISC solution allows cement producers to substitute coal or other fossil fuels with a wide range of alternative fuels. "Wit... |
Ssangyong Cement reports 6% drop in net profit05 August 2020, Published under Cement NewsSouth Korea’s Ssangyong Cement has reported a six per cent YoY decline in net profit to KRW53.7bn (US$45.1m) in the second quarter of 2020, compared to KRW57.1bn in the year-ago period. However, operating income advanced 7.5 per cent to KRW90.7bn from KRW84.4bn. Revenue fell 9.2 per cent YoY to KRW385.2bn in the 2Q20. |
South Korean producers sign agreeement to reduce NOx emissions11 June 2020, Published under Cement NewsSouth Korea’s nine cement producers have agreed to work with the Ministry of Environment to lower NO x emissions, according to The Korea Times. Representatives of companies including Sungshin Cement and Hanil Cement, alongside officials from the ministry and the National Institute of Environmental Research, gathered at Ssangyong Cement's factory in Donghae, Gangwon Province, to sign the partnership. Cement production generates the second-highest amount of NO x emissions in the country, ... |
The Korean Cement Association joins the WCA19 March 2020, Published under Cement NewsThe World Cement Association (WCA) has announced that it is welcoming the Korea Cement Association (KCA) as an affiliate member of its international network. "KCA has a long history supporting the advancement of the cement and concrete industries locally, and we look forward to working with them in a global context,” explains Ian Riley, CEO at WCA. "It’s important for us to have a diverse membership that is not just made up of cement producers, and so we’re very keen to welcome other Associ... |
SungShin Cement posts 11% net profit rise21 February 2020, Published under Cement NewsSouth Korea’s SungShin Cement has reported a full-year revenue of KRW714.64bn (US$590.2m) in 2019, 3.9 per cent up when compared with KRW688.07bn reported in 2018. However, operating profit fell 30.2 per cent YoY from KRW29.27bn to KRW20.43bn in 2019. Net profit rose 11.4 per cent from KRW16.61bn to KRW18.5bn in 2019. |
Asia Cement awards new order to KHD Humboldt Wedag17 February 2020, Published under Cement NewsAsia Cement Company Ltd (Korea) of South Korea has awarded KHD Humbold Wedag with a supply and engineering contract for the modernisation of its third clinker production line located close to Jecheon-si, Korea. The target of the upgrade project is to increase the alternative fuel substitution rate to above 85 per cent of calciner fuel, as well as the reduction of NO x to satisfy local emission limits. The commissioning of the modernised production line is planned for the first quarter 202... |
South Korean producers to reduce coal ash imports19 August 2019, Published under Cement NewsSouth Korean cement producers are expected to reduce the usage of imported coal ashes, on the back of concerns about contamination and the ongoing trade dispute with Japan. As a result, the Korean Cement Association has stated that the use of materials from domestic thermal power plants and secure alternative raw materials from clay mines will increase despite an unstable supply. "The cement industry will actively cooperate with the Environment Ministry's plan to strengthen the environmen... |
Unitherm-Cemcon supplies MAS burners to South Korean plant17 May 2019, Published under Cement NewsUnitherm-Cemcon has commissioned a MAS burner for a South Korean cement producer in May 2019. The start-up took just four days. The Austrian burner company won a contract to supply three MAS kiln burners at a South Korean plant in late 2018. The first burner was delivered in February 2019 and the remaining two in March 2019. The scope of supply included two MAS/4/KO.SO burners for coal and heavy oil with 43MW and one MAS/7/KO.SO.X rotary burner for coal, heavy oil and solid fuels with 87... |