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Omani cement maker to bid for Star Cement

Oman's biggest cement-maker by market value, Raysut Cement Co, plans to make a bid to acquire Star Cement Group of Companies, Bloomberg has reported. Star Cement consists of a clinker production plant in Ras Al Khaimah, cement grinding plants in Abu Dhabi, Ajman, Bahrain, Yemen and Bangladesh, terminal for storage and packing of cement in Sudan and a precast factory in Abu Dhabi.

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