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JK Cement planning plant in UAE

India-based cement maker JK Cement has announced plans to invest Dhs55m to build a white cement plant in the UAE with capacity to produce 0.6 million tonnes per year (mtpy), Emirates 24-7 has reported. The new plant is planned to be set up at the Fujairah Free Trade Zone and will have provision to change over to produce grey cement, the firm said. Fujairah Investment, an undertaking of the Fujairah government, will have a 10 per cent stake in the greenfield plant, that is being set up by JK Cement's local subsidiary JK Cement Works (Fujairah).