Ssangyong Cement to change name to Ssangyong C&E
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
Ssangyong Cement, a South Korean cement producer, will change its company name to SsangYong C&E, the company said Wednesday.
The new name, in which SsangYong C&E takes the first letters of cement and environment, reflects the company’s desire to promote environment friendly values, the company said.
The change will be finalized at a regular shareholders meeting slated for March 25.
“For the past 60 years, we have led Korea’s cement industry and contributed to country’s industrialization and economic development. With the know-how we have gathered from the cement business, we seek to expand our business to environmental businesses,” Ssangyong Cement Chairman Hong Sa-seung said.
The cement producer said it has spent over 100 billion won ($90 million) every year in the last five years to establish environment-friendly production facilities, replacing coal with waste plastic as a fuel, and reset the company’s business goals to include several environment-related businesses, such as recycling.
By Jo He-rim (herim@heraldcorp.com)
<ⓒKoreaHerald(www.koreaherald.com)무단전재 및 재배포 금지>
Copyright © 코리아헤럴드. 무단전재 및 재배포 금지.