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Oman’s Raysut Cement plans to buy Kenya’s ARM Cement

ARM Cement Ltd Managing Director Pradeep Paunrana at a past interview with the Standard team at his Nairobi office. [Photo: Standard]

Raysut Cement Company has told of plans to take over Kenya’s ARM cement that went into administration in August 2018 to enable increase its production capacity from the current 6 tonnes annually to 20 million tonnes..

The cement manufacturer through a statement on Tuesday said that it aims to expand its market in the region through this acquisition.

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