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Turkey's Sabanci Holding cement unit expects 2015 sales increase

World Coal,

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.

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