Italcementi interested in five Turkish plants

Italcementi interested in five Turkish plants
12 October 2005


Italcementi SpA is interested in five of the 10 cement plants which are being privatised by the Turkish government, a spokeswoman said, confirming earlier reports.   ’The company is potentially interested in five cement plants,’ she said, without specifying if the company will make a bid for all of them.   According to the spokeswoman, the privatisation auction for the plants started yesterday and will end on Monday or Tuesday next week.   Prospects of a further expansion in Turkey are supporting Italcementi shares, which were up 3.33 per cent at Euro 13.93. Published under Cement News