Published by
Joseph Green,
Editor
World Cement,
According to the latest Reuters report, NH Special Purpose Acquisition 3 has announced that it will merge with Korea Cement, a company that is mainly engaged in cement manufacture business.
NH Special Purpose Acquisition 3 has said the merger ratio is 1:2.1754643 between the company and Korea Cement.
43.5 million new shares will be issued for the merger.
The company expects the merger to be finalised by 7 February 2017.
Edited from source by Joseph Green. Source: Reuters
At the closing ceremony of the 14th ICCC, the Asia Cement and Concrete Research Academy was officially launched.
Korfez has signed contracts for a mill shell lining project and a dip tube cast lining system.
The nationwide ETS is said to be the second largest in the world and is a key component of the government’s aim to reduce emissions by 30% by 2020 against current levels.
KORFEZ ENG. has received a follow-up order for a compartment mill shell lining in Turkey, and a new order for a mill conversion project in South Africa.