Hanil Cement to merge with Hanil Hyundai Cement

Hanil Cement and Hanil Hyundai Cement have approved a merger, with Hanil Cement as the surviving company. The merger aims to enhance management efficiency and market share, with a merger date of November 1, 2025.

“The merger decision was pushed to enhance shareholder value and corporate value by unifying investment by combining assets and infrastructure and increasing market share.”mk.co.kr

• 2 sources
• mk.co.krKorea-Japan Cement and Korea-Japan Hyundai Cement will be reborn as "Korea-Japan Cement" through mer.. - MKLee HojunJul 17, 2025
• asiae.co.krHanil Cement Merges with Hanil Hyundai Cement, Solidifying Industry Leadership - The Asia Business DailyLee SeoheeJul 17, 2025

Summarized from public sources; check the original articles before acting on it.