On a related note, when the process of ending the partnership with Sabanci Group in Oysa Cimento is finalised, Oyak wants to keep Oysa’s Iskenderun cement factory, which is close to Oyak Group’s Isdemir, a steel & iron company, reported the daily Vatan. Oysa, a cement producer, has two factories; one in the town of Iskenderun and another one in the city of Nigde. If Oyak would not be able to add the Iskenderun factory to its portfolio, it plans to construct new cement plant in the premises of Isdemir, according to the daily.
Vicem's restructuring tests Vietnam's state-led cement model
This week, Vietnam's Ministry of Construction unveiled one of the most significant restructuring...