Syria: Al-Badia Cement will invest over US$200m to expand its grinding and packaging lines and build a second production line, raising capacity to more than 5Mt/yr, according to the Syrian Arab News Agency. Chair of the board Imad Abdul Qader al-Muhaidib said the announcement coincided with the visit of a Saudi delegation of 130 investors, led by Saudi investment minister Khalid bin Abdulaziz al-Falih, to sign bilateral economic agreements.
Al-Badia Cement to invest US$200m in second production line
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