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Appointment of an Independent Expert in Connection With the Simplified Mandatory Tender Offer Targeting ENGIE EPS

Appointment of an Independent Expert in Connection With the Simplified Mandatory Tender Offer Targeting ENGIE EPS
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Taiwan Cement Corporation to acquire ENGIE s stake in ENGIE EPS

Advertisement The Board of Directors of Taiwan Cement Corporation has approved the company s plan to enter into a definitive sale and purchase agreement with Engie SA to acquire Engie s 60.48% stake in Engie Eps SA for €17.10 per share in cash, for an aggregate consideration of €132 million. TCC Group has been very active in recent years in developing renewable energy and energy storage systems. In order to strengthen its energy and energy storage business, and to expand its global footprints into new markets, the company has been constantly evaluating potential energy and energy storage acquisition targets around the world, and also intends to expand its energy storage business and create overall benefits for the TCC Group through mergers, acquisitions and equity investments.

Taiwan joins the gigafactory club

Taiwan joins the gigafactory club Taiwan Cement is planning to build a US$352 million EV battery factory in southern Taiwan. The 1.8 GW facility will produce high-charge-discharge nickel ternary batteries.Taiwan s largest cement company, Taiwan Cement Corporation (TCC), is planning to invest NT$10 billion (US$352 million) in the construction of a battery factory in Kaohsiung, the largest city in southern Taiwan. The planned capacity is 1.8 GW, equivalent to the volume of long-distance batteries needed for the annual production of 24,000 electric vehicles, the company stated, adding that the factory will be operated by its storage . Den vollständigen Artikel lesen .

Global Green Cement Market Report 2020-2027 - U S Market is Estimated at $5 6 Billion, While China is Forecast to Grow at 13% CAGR

Global Green Cement Market Report 2020-2027 - U.S. Market is Estimated at $5.6 Billion, While China is Forecast to Grow at 13% CAGR January 27, 2021 04:03 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com s offering. Amid the COVID-19 crisis, the global market for Green Cement estimated at US$18.9 Billion in the year 2020, is projected to reach a revised size of US$46.2 Billion by 2027, growing at a CAGR of 13.6% over the analysis period 2020-2027. Fly-ash Based, one of the segments analyzed in the report, is projected to record a 15.2% CAGR and reach US$16.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Slag Based segment is readjusted to a revised 13.6% CAGR for the next 7-year period.

Green Cement Market Share, Sales Revenue, Emerging Trends, Industry Growth, Competitive Landscape, Developments, Future Estimations and Forecast 2023

Green Cement Market Share, Sales Revenue, Emerging Trends, Industry Growth, Competitive Landscape, Developments, Future Estimations and Forecast 2023
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