RATM-Holding acquires stake in Angarskcement

RATM-Holding acquires stake in Angarskcement
Published: 04 October 2004

RATM-Holding has acquired a 45 per cent stake in Angarskcement. The new acquisition will allow the holding to boost overall cement output to 2Mt a year. In 2004 Istimtsement, part of RATM-Holding, targets to produce 1.2Mt, while Angarskcement - about 800,000t. As was earlier reported, in early Sep 2004 RATM-Holding acquired a 50.5 per cent stake in Angarskcement, local news sources reported.