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Derba MIDROC Cement announced plans to build a 2.74Mt/yr cement plant in Mughar Valley, Oromia, Ethiopia, with an investment of US$500 million. The company expects to sign a contract with China National Building Material (CNBM) for construction.
“Derba MIDROC Cement is reportedly ready to sign a contract with China National Building Material (CNBM), for the latter to commence construction of Derba MIDROC Cement's 2.74Mt/yr Mughar Valley cement plant in Oromia.”globalcement.com
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