40 percent of Oyak Cement, the largest producer of Aslan Cement, Adana Cement, Bolu Cement, Mardin Cement, Unye Cement, Denizli Cement, sold to Taiwan ...
Turkey's largest cement producer Oyak Cement, 40 percent was sold to Taiwanese Taiwan Cement Corporation. OYAK and Uzadoğulu cement producer Taiwan Cement Corporation (TCC) decided to establish a partnership in the cement sector. According to the agreement agreed between the parties, 40 percent of OYAK Cement's shares will be transferred to TCC at around $ 640 million.
OYAK Cement's subsidiaries by the Public Disclosure Platform (KAP) said in a statement, Turkey's OYAK, the largest cement producer, and Taiwan's leading cement manufacturers in the Far East Cement Corporation has decided to establish partnerships in order to join forces in the international cement market was specified.
Turkey's largest cement producer Oyak Cement, 40 percent was sold to Taiwanese Taiwan Cement Corporation.
OYAK and Far Eastern cement producer Taiwan Cement Corporation (TCC) decided to establish partnership in cement industry. According to the agreement agreed between the parties, 40 percent of OYAK Cement's shares will be transferred to TCC at around $ 640 million.
Within the body of OYAK Cement, Aslan Cement, Adana Cement, Bolu Cement, Mardin Cement, Unye Cement, Denizli Cement and OYAK Concrete Industry are located.
OYAK Cement's subsidiaries by the Public Disclosure Platform (KAP) said in a statement, Turkey's OYAK, the largest cement producer in the Far East of Taiwan's leading cement manufacturer Cement Corporation decided to establish partnerships in order to join forces in the international cement market was specified.
According to the agreement agreed between OYAK and TCC; OYAK's 100 percent owned OYAK Cement shares were decided to remain in OYAK for 60 percent of the total value of USD 1.6 billion and the remaining 40 percent were transferred to the TCC by approximately 640 million dollars.