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News Huaxin steps in on ARM Cement divestment rush

Huaxin steps in on ARM Cement divestment rush

Written by Global Cement staff 27 September 2019
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Tanzania/China: China’s 100Mt/yr-capacity Huaxin Cement has bought Maweni Limestone from the Kenyan-based Athi River Mining (ARM) Cement. Huaxin has stated that this first incursion into East Africa is ‘integral to its broader strategy’ of expansion in emerging markets. It adds the Tanzanian producer of Rhino cement to its burgeoning portfolio of overseas assets including cement plants in Tajikistan, Uzbekistan, Cambodia and Nepal.

Last modified on 02 October 2019
Published in Global Cement News
Tagged under
  • Tanzania
  • Maweni Limestone
  • China
  • Huaxin Cement
  • Kenya
  • ARM Cement
  • Rhino cement
  • GCW425

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