# Taiwan Cement and Sanko Holding sign MOU for cement business investment

Taiwan Cement and Turkey's Sanko Holding have signed a memorandum of understanding and confidentiality clause regarding Taiwan Cement's plan to invest in Sanko's cement business, with further talks ongoing.

- Type: Partnership
- Announced: 2018-09-17
- Where: Turkey, Türkiye
- Value: $1.10B
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Taiwan Cement](https://endata.com/companies/28068.md)
- [Taiwan Cement](https://endata.com/companies/28068.md) (investor)
- [Sanko Holding](https://endata.com/companies/34368.md) (partner)
- [OYAK Cement](https://endata.com/companies/35212.md) (partner)

## Sources

- [globalcement.com](https://www.globalcement.com/news/8798-taiwan-cement-deal-with-sanko-group-progresses), 2018-09-17: "Taiwan Cement and Turkey’s Sanko Holding have signed a memorandum of understanding and a confidentiality clause about the company’s plan to invest in Sanko’s cement business."
- [globalcement.com](https://globalcement.com/news/8979-taiwan-cement-to-invest-up-to-us-1-1bn-in-turkish-joint-venture-with-oyak-cement), 2018-10-30: "Taiwan Cement plans to spend up to US$1.1bn on setting up a new joint venture with Turkey’s OYAK Cement."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.