Saudi Cement increases holding in United Cement Company

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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.

URL: https://www.globalcement.com/news/item/12871-saudi-cement-increases-holding-in-united-cement-company

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