South Korea: Sungshin shares down
South Korean company Sungshin Cement has been ranked in the bottom quartile of BSS News Bites South Korean performers for the past year. The company’s performance saw it placed ...
South Korea
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Sri Lanka: AFKO group may revive KKS plant
AFKO Group GMEX has expressed interest in reopening the Kankesanthurai (KKS) cement plant in the Northern Province of Sri Lanka, according to the country’s Industry and Commerce...
Creditors seek to sell Hyundai Cement stake
Creditors of Hyundai Cement seek to sell their majority stake in the South Korean cement producer as early as July, according to local news reports.
Glenwood PE to acquire Lafarge Halla
South Korea’s Glenwood Private Equity (PE) has inked a deal to acquire Lafarge Halla Cement Corp. from LafargeHolcim Ltd. for about KRW630bn (US$542m), said the company Thursday.
Glenwood PE & Baring Private Equity Asia reportedly make bid for Lafarge Halla Cement
South Korea’s private equity fund Glenwood Private Equity and Hong Kong-based private equity fund Baring Private Equity Asia are to buy Lafarge Halla Cement Corp (South Korea) f...
LafargeHolcim planning potential disposal in South Korea
Glenwood Private Equity is in talks to buy South Korea-based Lafarge Halla Cement in cooperation with Eugene Group, the country’s largest ready-mixed concrete manufacturer, and ...
South Korea: six cement producers fined
Six local cement makers have been fined a combined KRW199.4bn (US$167.6m) for fixing the prices of cement products and divvying up the market by South Korea's antitrust watchdog...
Ssangyong Cement creditors reject Taiheiyo offer
The administration responsible for selling South Korea's Ssangyong Cement is likely to reject an offer made by Japan’s Taiheiyo Cement Corp, Ssangyong’s second-largest sharehold...
New shredding operation boosts SRF production capabilities in South Korea
A new Solid Recovered Fuel (SRF) production facility is now fully operational in Wonju city, South Korea, thanks to global shredding firm UNTHA and local partner PERITUS. Korean...
South Korea: Loesche wins new order from Sun Cement
South Korea-based Sun Cement Co Ltd has placed an order for a Loesche vertical roller grinding mill for granulated blast furnace slag. Plans have been made to replace the curren...