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City Cement reaches settlement with Sinoma International
Saudi Cement: City Cement s Al Madina Cement subsidiary says it has reached a final settlement with China s Sinoma International about the construction of a second production line.
The parties have agreed an 8% discount on the total cost of the project worth around US$11m. Trial operation on the second line at the plant was originally announced in late 2014.
UAECEMENT.COM
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Dec ,19 ,2018
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