Ssangyong Cement reports 6% drop in net profit
South 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...
Ssangyong Cement Industrial Co
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Ssangyong Cement to look for new owners?
This week the potential for further consolidation in South Korea's cement market was heightened when Asia Today reported that Hahn & Co Cement Holdings could be looking to sell ...
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 ...
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...
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: 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...
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...
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 ...
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...
Concerns raised by South Korean imports of Japanese coal
Lee In-young, an opposition spokesman for the New Politics Alliance for Democracy party and member of the National Assembly's Environment Labour Committee, has raised concerns o...