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Yaobai Cement will open Moroto plant in Uganda

YaoTai Uganga

Yaobai Cement, which is a subsidiary of Chinese WIH), will officially open a new cement plant in Moroto in Northern Uganda. The plant is a US$300 million investment, has two phases, while in the first phase about 0.6 Mta of clinker…

Pakistan clears US$700m investment into cement

Lucky Solar units Pezu 1

The Special Investment Facilitation Council (SIFC) of Pakistan removed regulatory bottlenecks for planned investments of US$700m for seven new cement plants. Details have not been published yet, however the major local cement producers such as Lucky Cement (photo, green energy…

Heidelberg Materials‘ JV with Akçansa in Türkiye

Akcansa 2

Heidelberg Materials is increasing its shareholding in Türkiye’s Akçansa to 79.44%, in accepting to acquire the offered 39.72% stake of Sabanci Holding in the company. By moving to majority control, Heidelberg Materials will significantly strengthen its strategic positioning in Turkey,…

Heidelberg Materials‘ JV with Akçansa in Türkiye

Akcansa

Heidelberg Materials is increasing its shareholding in Türkiye’s Akçansa to 79.44%, in accepting to acquire the offered 39.72% stake of Sabanci Holding in the company. By moving to majority control, Heidelberg Materials will significantly strengthen its strategic positioning in Turkey,…