Taiwan Cement continues talks with Sanko Holding

Taiwan Cement Corp (TCC) has announced that it and Sanko Holding AS has signed a memorandum of understanding and a confidentiality clause regarding the company’s intention to invest in the Turkish group. Talks about the strategic partnership are expected to continue until a definitive contract is signed.

Taiwan Cement has previously noted its interest in the Turkish cement industry, which would be the company’s first move into the European market.