Daehan acquired by South Korea's leading producer
Ssangyong Cement Industrial Co of South Korea has purchased Daehan Cement Co, the country’s largest blastfurnace slag cement producer at KRW265bn (US$232.8m). The acquisition wi...
South Korea
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Tongyang Cement changes its name to Sampyo Cement
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 duri...
South Korea: Sungshin Cement back in the black in 2016
South Korean cement producer Sungshin Cement Co Ltd improved its revenues by 1.2 per cent to KRW686.6bn in 2016 from KRW678.7bn, according to the country’s Financial Supervisory...
South Korea: preferred bidders named in US$567m Hyundai deal
Hanil Cement Company and LK Investment Partners have been named as the preferred bidders to acquire Hyundai Cement, reports South Korea's Pulse.
South Korea: Hyundai Cement sale bids
Six contenders have submitted a bid for Hyundai Cement Company. Ssangyong Cement Industrial Co, Halla Cement Corp, IMM Private Equity, LK Investment Partners, Hyundai Sungwoo Ho...
Hyundai Cement posts better revenues but net losses increase
South Korean cement producer Hyundai Cement Co Ltd saw improved revenues in 2016, rising from KRW363.19bn (US$319m) in 2015 to KRW378.86bn, according to the country’s Financial ...
South Korea: carbon emission quota increased
On 24 January the South Korean government increased the carbon emissions quota by 1700t to 539Mt and added 51Mt to emission rights in view of companies’ efforts for greenhouse g...
South Korea: Hyundai Cement auction set to raise KRW600bn
The auction of Hyundai Cement, preliminary bidding of which is scheduled for 16 December, is set to attract bids from multiple prospective buyers, with the assets expected to fe...
Cementos Argos
Colombia’s cement producers, such as Cementos Argos, will be encouraged by the signing earlier this month of a bilateral freetrade agreement between Colombia and South Korea. Th...
South Korea: Hyundai Cement up for sale
Hyundai Cement Co. is expected to put up for sale this year. Despite only having a small market share in South Korea, the upcoming sale is expected to bring about change in the ...