PPC increases stake in Habesha Cement
PPC has purchased Industrial Development Corporation’s stake in Habesha Cement Share Company (HCSCo), Ethiopia, meaning it will hold a 51% stake in the company.
PPC has purchased Industrial Development Corporation’s stake in Habesha Cement Share Company (HCSCo), Ethiopia, meaning it will hold a 51% stake in the company.
UltraTech Cement Middle East Investments, a subsidiary of UltraTech Cement, has acquired a 51% stake in Omani gypsum mining company Awam Minerals LLC.
Suez Cement witnessed a 48.2% increase in revenues and an 18.3% improvement in EBITDA in 3Q14 due to improved market conditions.