Cement News tagged under: Hodna Cement Company
PPC set to enter the Algerian cement market10 February 2014, Published under Cement NewsPPC announced that advanced plans are in place to enter the Algerian cement market through a partnership with Algerian private sector investors in Hodna Cement Company. Hodna will be constructing a 2Mta plant for approximately US$350m in the Hodna area, roughly 300km east of Algiers and close to the university and technology-focused town of Setif. PPC will acquire a 49 per cent stake of Hodna and assume management control which allows for the consolidation of the financial results of thi... |
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