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News RAK Cement’s shareholders approve acquisition of Newtec cement plant and quarry

RAK Cement’s shareholders approve acquisition of Newtec cement plant and quarry

Written by Global Cement staff 11 April 2019
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UAE: The shareholders of RAK Cement have approved the conditional of the Newtec cement plant and Al-Banna quarry in Fujairah. The purchase was originally announced in late February 2019. It planned to buy the assets for around US$123m.

Last modified on 17 April 2019
Published in Global Cement News
Tagged under
  • UAE
  • RAK Cement Company
  • Newtech
  • Plant
  • Quarry
  • shareholders
  • GCW400

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