Turkey's Sabanci Holding cement unit expects 2015 sales increase
According to the company’s Chief Executive, Turkey's Sabanci Holding cement business expects its sales to rise 10-15% this year after posting a 16% increase to 2.5 billion lira (US$980 million) in 2014.
Sabanci's cement arm is also looking for acquisition opportunities and could borrow up to US$1.5 billion to fund an acquisition, Hakan Gurdal said in an interview.
Read the article online at: https://www.worldcoal.com/coal/24032015/turkey-sabanci-holding-cement-increase-2105/
You might also like
EIA reduces its forecast for US coal exports following Port of Baltimore closure
The US EIA has decreased its forecast for US coal exports following the collapse of the Francis Scott Key Bridge and the resulting closure of the Port of Baltimore.