TONGYANG Cement & Energy Corp. is a Korea-based company engaged in the cement manufacturing business. The Company operates its business through two divisions: cement division and energy division. Its cement division manufactures Portland cements, clinker cements and slag cements. Its energy division engages in the exploration, development, production and sales of crude oil, natural gas and others. It also provides limestone through its subsidiary, DAMUL JEIHO CORPORATION, engaged in the development and manufacture of limestones. The Company distributes its crude oil through Refinor S. A. and Panapetroleo S.A, which are oil refining companies in Argentina.
(Source: ARS)