According to the latest report by Reuters, Qalaa Holdings has announced that its units have signed preliminary agreements to sell a 100% stake in ASEC Algeria Cement for approximately US$60 million.
Read the article online at: https://www.worldcement.com/africa-middle-east/24102016/qalaa-holdings-to-sell-100-stake-in-asec-algeria-cement/
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The funding will be used to further expand Seebo’s global reach and continue enhancing its process-based artificial intelligence solution. The solution enables cement manufacturers to identify process-driven inefficiencies in their production processes in order to predict and prevent production losses.