Asian Paints proposes joint venture for white cement plant in Fujairah, UAE

Asian Paints entered a binding term sheet to set up a joint venture in Fujairah, UAE, with Riddhi Siddhi Crusher & Land Transport and others, to manufacture white cement and white cement clinker. The initial capacity is 265,000 tons per annum, with an investment of approximately INR 5.5 billion over two years.

“Asian Paints has entered into a binding term sheet for the setting up of a joint venture in Fujairah, United Arab Emirates (UAE), with Riddhi Siddhi Crusher & Land Transport...”pcimag.com

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• pcimag.comAsian Paints Proposes Joint Venture for White Cement Manufacturing Facility | PCI MagazineBy: PCI Editorial StaffOct 25, 2022

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