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News Saudi Cement increases holding in United Cement Company

Saudi Cement increases holding in United Cement Company

Written by Global Cement staff 18 August 2021
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Bahrain: Saudi Arabia-based Saudi Cement has increased its share in its Bahraini subsidiary United Cement Company (UCC) by 37% to 100%. The purchase of additional shares cost it around US$7.5m in May 2021. UCC is an importer and distributor of bulk cement. It operates a marine terminal and was founded in 1999.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Bahrain
  • GCW519
  • corporate
  • Shares
  • United Cement Company
  • Import
  • Terminal
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