HISTORY
History
Shun Shing Group was established in 1988 as a small family trading house trading in cement. Today, the company trades much more than just this core product. Shun Shing Group has nearly 30 years of experience in trading, manufacturing and shipping of dry-bulk goods, and has become an industry leader specialising in cement and all its raw materials. The company rose to the top of its field through strategic vertical integration expansions and an intense focus on adding value at each step of the trade process.
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2016
2016 – Sale of Edible Oil Refinery
In 2016 Shun Shing Group decided to refocus on their core business, cement. This new commitment lead to divesting out of the edible oil refinery project.
2015
2015 – Expansion of Concrete block plant
To keep up with rapid increase in demand for concrete blocks SSBML invested in an automatic production process of creating the concrete blocks. The plant’s new capacity is 3.5 million pieces per year, a 566% increase from the original plant.
2012
2012 – New grinding mill
Shun Shing Group added a new grinding mill with an annual capacity of 1.7 million metric tons, in Khulna city, to give the company better coverage over the southwest region of Bangladesh.
2012 – Expansion of Power Plant
Added another 5.1 MW to our existing 10.16 MW gas-based power plant, taking the total generation capacity to 15.26 MW. This meets the increased demand of power from our expanded cement manufacturing facility.
2010
2010 – SSGIL Enters Food Industry
Construction began on a 300,000 ton per year edible oil refinery (cooking oil) in Mongla, Bangladesh. This was the company's first diversification into the food industry.
2008
2008 – Addition of concrete bock plant
The subsidiary Shun Shing Building Materials Ltd. (SSBML) was started in 2007, but began production in 2008 with a semi-automatic operations and an installed capacity of 500,000 pieces per year.
2008 – Expansion of Shipping Division
Shun Shing Group enters ship owning with purchase of a Dry Bulk Handy Vessel named MV Hong Kong Sun.
2007
2007 – Increased grinding capacity
Increased grinding capacity by adding 0.6 Million MT, taking the total to 1.1 Million MT in Kaligonj site to meet growing local demand.
2007 – Expansion of Manufacutring
Establishment of a 10 MW natural gas based Power Plant to support the smooth function of of our industrial operations. Removed our dependence on receiving power from the national power grid which was unpredictable and insufficient.
2007 – Increase in Packaging Plant Capacity
The bag plant’s capacity was increased again in 2007, from 24 million to its current capacity of 72 million bags per year.
2005
2005 – Expansion of Bag Plant
Increased the capacity of the existing packaging plant from 26 million to 48 million pieces per year.
2002
2002 – Horizontal Integration for Manufacturing
To increase Cement supply efficiency we established a Woven Polypropylene (WPP) Cement Bag Plant with capcity of 26 Million Pieces in Kaligonj, Bangladesh.
2001
2001 – First Industrial Project
The company established its first cement plant in Kaligonj, with an annual grinding capacity of 0.50 million metric tons, and today has a working capacity of 1.8 million metric tons.
2001 – Expansion of Trade
With a trusted brand name and growing demands for raw materials we continued to expand trade into new regional markets – Middle East, India, Western Europe, and East Africa.
1993
1993 – New Locations
Shun Shing Group established it’s first liason office in Beijing, China.
We expanded further to open offices in Bombay, Dubai and Dhaka, Bangladesh.
1989
1989-1999 – Rapid Expansion
Shun Shing Group's trade division grew rapidly as new commodities, such as; clinker, slag, gypsum, limestone were incorporated. Along with trading, we started to offer our clients chartering and operating services for dry-bulk cargo.
1988
Incorporates in Hong Kong
Shun Shing Group incorporates as a small family-run trading house focusing on trading bag cement.