Sinoma - Cement industry news from Global Cement
Algeria: PPC announced its advanced plans for entry into the Algerian cement market on 24 February 2014, through a partnership with Algerian private investors that would see it own a 49% stake in the Hodna Cement Company. The transaction will be funded on a project finance basis, with 80% debt funding from local banks, according to PPC. The stake, which …
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