Cement News tagged under: MoU
Southern Province Cement and Yanbu Cement Co sign an MoU for amalgamation24 June 2024, Published under Cement NewsAccording to Saudi Exchange (Tadawul), Southern Province Cement Co announced the signing of a non-binding Memorandum of Understanding (MoU) with Yanbu Cement Co on 23 June 2024 to evaluate the feasibility of merging the two Saudi Arabian companies. Both companies will commence due diligence, a comprehensive examination of operational, technical, financial, legal and actuarial aspects. This thorough approach ensures that all aspects of the merger are meticulously evaluated, providing a s... |
GCCA and UNIDO sign decarbonisation MoU21 June 2024, Published under Cement NewsA ground-breaking agreement has been signed by the UN’s Industrial Development Organisation (UNIDO) and the Global Cement and Concrete Association (GCCA) to work together on decarbonising the cement and concrete industry, with a strong focus on the Global South. The two organisations have agreed a Memorandum of Understanding (MoU), which will see them working together on key sustainability and decarbonisation issues, including: providing recommendations for decision-makers to create ... |
Qatar National Cement signs digital and Uzbekistan MoUs30 May 2023, Published under Cement NewsQatar National Cement Co (QNCC) has made a strategic decision to partner SAP and Google Cloud to fuel its digital transformation and ensure future-proof operations. Eng Essa Mohammed Ali A M Kaldari, QNCC CEO, emphasised the significance of this transformation: "Our aim is to modernise and streamline our systems, increase efficiencies, and enhance the services we deliver to our customers and employees. After implementation, our operations will be more agile and scalable, ena... |
Qassim Cement signs MoU for proposed acquisition of Hail Cement26 September 2022, Published under Cement NewsQassim Cement Co (QCC) signed a non-binding memorandum of understanding (MoU) with Hail Cement Co (HCC) to commence discussions for QCC to acquire all issued shares of HCC. In a statement to Tadawul, QCC said both parties will proceed with the due diligence in relation to the proposed transaction. If the deal completes based on the exchange ratio, the total consideration to be paid by QCC to HCC’s shareholders will be approximately 18.92m newly-issued shares in QCC. Based on QCC’s ... |
thyssenkrupp Industrial Solutions and VIBM sign MoU16 May 2022, Published under Cement Newsthyssenkrupp Industrial Solutions Vietnam and the Vietnam Institute of Building Materials (VIBM) have signed a Memorandum of Understanding (MoU) on cooperation between both parties on the research and application of new technologies in cement manufacture. At the ceremony, Lukas Schoeneck, CEO of thyssenkrupp Industrial Solutions Vietnam, reaffirmed his commitment to collaborate with VIBM under the guidance of the Deputy Minister of Construction, Nguyen Van Sinh, to transit the cemen... |
INSEE Cement signs MoU with Hambantota Port29 November 2021, Published under Cement NewsHambantota International Port Group (HIPG) recently signed an agreement with INSEE Cement to ensure the efficient transfer of raw materials to the Galle cement plant, Sri Lanka, via the Hambantota Port. The agreement was signed between INSEE Cement CEO, Gustavo Navarro, and HIPG CEO, Johnson Liu, at a ceremony held at the Hambantota Maritime Centre. Mr Navarro said: "Due to the limitations we have experienced in our previous operations, we couldn’t bring bigger vessels with larger ... |
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