Turkish Limak to invest US$24m in cement plant

Turkish Limak to invest US$24m in cement plant
Published: 10 August 2007

Turkish industrial holding company Limak will invest TRY30m (US$24m) in the construction of a cement plant in Bitlis, eastern Turkey, company CEO Nihat Ozdemir said.  
 
The plant will have an annual production capacity of 300,000t of cement and will employ some 80 staff. Its construction is scheduled to be completed in May 2008.  
 
Limak which is also active in the construction, tourism and energy sector, owns cement producers Limak Kurtalan Cimento and Gaziantep Cimento.