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News Helwan Cement to sell white cement plant to Emmar Industries

Helwan Cement to sell white cement plant to Emmar Industries

Written by Global Cement staff 12 September 2018
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Egypt: Helwan Cement has agreed to sell its white cement plant in Minya Governorate to Emmar Industries. The transaction is planned to take place following the de-merger of the white cement unit from the rest of the company. The subsidiary of HeidelbergCement and Suez Cement said that the sale was part of its plan to restructure the business and improve its financial position. The company previously said it had received bid for the white cement plant in June 2018.

Last modified on 12 September 2018
Published in Global Cement News
Tagged under
  • Egypt
  • Helwan Cement
  • White cement
  • Plant
  • Sale
  • Emmar Industries
  • HeidelbergCement
  • Suez Cement Group
  • GCW370

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