Taiwan Cement in talks with Turkish firm on partnership

Focus Taiwan
Date: 2018/06/15
By: Wei Shu and Frances Huang 

Taipei, June 15 (CNA) Taiwan Cement Corp., one of the leading cement suppliers in Taiwan, said Friday that it is in talks with Turkish conglomerate Sanko Holding S.A. for a possible strategic partnership.

Taiwan Cement said that the possible cooperation with Sanko is aimed at the growing cement market in Turkey and that if the partnership is set up, it will be the first time for the Taiwanese manufacturer to build a springboard to the European market.

According to Taiwan Cement, Sanko owns a wide range of businesses, including cement, textiles, energy, plastic packaging, construction machinery, information technology, securities and finance, and real estate.    [FULL  STORY]