Sampyo Cement
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Sampyo Cement
Sampyo Cement () is a South Korean cement, concrete and chemical company headquartered in Seoul. It produces portland cement products. It was established in 1957 as Tong Yang Cement by Lee Yang-gu as the second of his many companies which would grow into the Tongyang Group, and was also later known as Tongyang Cement and Energy. In 1957, Lee used his own capital from money he earned in the confectionery business to acquire a cement factory in Samcheok, Gangwon Province; its owners at the time were eager to sell due to frequent labour disputes and the poor state of the physical plant. That factory had started operations in 1942 under the ownership of Onoda Cement during Japanese colonial rule over Korea. Lee searched out former Onoda engineers in order to rehire them, in particular Oh Pyong-ho, "supposedly the only competent cement engineer in post-colonial South Korea"; Oh accepted the job offer. Lee then began repairs to the facilities with the aid of engineers from Germ ...
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Cement
A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel (aggregate) together. Cement mixed with fine aggregate produces mortar for masonry, or with sand and gravel, produces concrete. Concrete is the most widely used material in existence and is behind only water as the planet's most-consumed resource. Cements used in construction are usually inorganic, often lime or calcium silicate based, which can be characterized as hydraulic or the less common non-hydraulic, depending on the ability of the cement to set in the presence of water (see hydraulic and non-hydraulic lime plaster). Hydraulic cements (e.g., Portland cement) set and become adhesive through a chemical reaction between the dry ingredients and water. The chemical reaction results in mineral hydrates that are not very water-soluble and so are quite durable ...
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Aju Group
Aju Group () is a large South Korean '' chaebol'' (conglomerate), offering chemical, industry, logistic, financial, hotel and rental products. History Aju group started as Aju industries(아주산업) in 1960 as a construction which mainly did business on construction materials. In the 1960s, Aju helped replace wooden utility poles to concrete ones as part of the government's the "rural distribution of electricity" project. Starting from the 1970s they begin to sell hume pipes. In the 1980s, the company opened Ready-mix concrete factories in Mangu-dong. See also *Economy of South Korea The economy of South Korea is a Developed country, highly developed mixed economy. By nominal GDP, it has the List of countries by GDP (nominal), 5th largest economy in Asia and the List of countries by GDP (nominal), 13th largest in the worl ... References External linksAju Group Homepage Chaebol Conglomerate companies of South Korea {{SouthKorea-company-stub ...
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