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.
Optimisation 2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.
World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.
Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.
The company has extended its exclusivity deal with NBG. The deal will give NBG’s Merchants exclusive access in the GB market to the company’s Master Grade Cement until the end of 2024, extending the current partnership by three years.
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.
