UltraTech Cement Middle East Investments, a subsidiary of UltraTech Cement, has acquired a 51 per cent interest in Omani mining company Awam Minerals LLC.
Awam Minerals possess a licence for mining substantial gypsum deposits in the south of Oman, which will serve as a captive mine for UltraTech Cement's network of plants.
UltraTech Cement. India’s largest cement producer, also operates two grinding units and a clinker plant in the UAE, and a grinding unit in Bahrain, through its Middle Eastern subsidiary.
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