Ssangyong inaugurates largest cement WHPG
South Korea’s Ssangyong Cement Industrial Co inaugurated the largest waste heat power generator (WHPG) in a cement plant, according to the Maeil Business Newspaper. The 43.5MWh ...
South Korea
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South Korea to impose stricter air pollution levels
The South Korean government has tightened emission standards for air pollutants of fine-dust producing businesses such as coal-fired power plants, cement factories and steelmaki...
Ssangyong Cement to increase energy-efficiency of Donghae plant
South Korea’s Ssangyong Cement Industry Co has announced plans to increase the energy-efficiency of its Donghae plant. The project includes the installation of a waste heat powe...
Three million shares in Sampyo Cement to be sold
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 ...
Restructuring to re-energise South Korean market
South Korea's cement market took a further step towards consolidation this week when Asia Cement acquired Halla Cement for US$723m. This added 7.6Mta to Asia Cement's capacity a...
Asia Cement acquires Halla Cement
Hong Kong-based Baring Private Equity Asia (BPEA) has sold Halla Cement, a South Korean cement producer, to Asia Cement for US$723m.
Asia Cement Co to acquire Halla Cement Corp
Asia Cement Co is preparing to acquire Halla Cement Corp with a reported bid between KRW700bn (US$627m) and KRW800bn, according to Deal Street Asia.
Four-bidder shortlist for Halla Cement stake
Four bidders have been shortlisted for the full stake in South Korea’s Halla Cement, the country’s fourth-largest cement producer.
Hyundai Cement seeks to build solar power plant
South Korean cement producer Hyundai Cement Co is looking to build a photovoltaic (PV) power plant at its existing cement facility in Dangyang.
Hanil completes acquisition of Hyundai Cement
Hanil Cement Co has completed the acquisition of Hyundai Cement Co in South Korea. The consortium of Hanil Cement and LK Investment Partners has paid US$552.2m for a controlling...