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News Arkan Building Materials sells closed Emirates Cement plant for US$13.6m

Arkan Building Materials sells closed Emirates Cement plant for US$13.6m

Written by Global Cement staff 13 February 2019
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UAE: Arkan Building Materials has sold the closed Emirates Cement plant for US$13.6m, according to Mubasher. The unit was originally closed in late 2016 on a temporary basis due to rising gas and electricity costs. It later decided to permanently close the plant. The company continues to run its Al Ain Cement plant.

Published in Global Cement News
Tagged under
  • UAE
  • Arkan Building Material Company
  • Emirates Cement
  • Plant
  • Sale
  • GCW391

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