# Ube Industries and Mitsubishi Materials to form cement joint venture

Ube Industries and Mitsubishi Materials plan to establish a joint venture combining their cement and related businesses. The Turkish Competition Board approved the transaction on March 4, 2021.

- Type: Acquisition
- Announced: 2021-03-04
- Where: Türkiye
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Mitsubishi Materials](https://endata.com/companies/8627.md) (partner)
- [UBE Industries Ltd](https://endata.com/companies/21995.md) (partner)

## Sources

- [kfd.com.tr](https://www.kfd.com.tr/kararlar/ube-industries-mitsubishi-materials-arasinda-cimento-21-11-157-66), 2021-09-15: "Ube Industries, Ltd. ile Mitsubishi Materials Corporation arasında çimento iş kolları ve ilgili diğer iş kollarını birleştirmek üzere bir ortak girişim kurulması işlemi."

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