UltraTech Cement acquires a majority stake and management control in Dubai-based Star Cement Company, LLC (Star Cement). Star Cement owns cement plants in UAE, Bahrain and Bangladesh with a total capacity of three million tonnes annually.
UltraTech Cement acquires a majority stake and management control in Dubai-based Star Cement Company, LLC (Star Cement). Star Cement owns cement plants in UAE, Bahrain and Bangladesh with a total capacity of three million tonnes annually. This acquisition gives the Aditya Birla Group a strong foothold in the Middle East.
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