Kaolin AD acquires Serbian quartz producer
Published: Friday, 17 December 2010
Bulgarian ceramics/glass minerals supplier continues expansion in south-east Europe
industrial minerals producer Kaolin AD has acquired quartz
producer Belorecki Pescar Mine of Bor, Serbia.
acquisition, costing 1m. ($1.3m.), was through Kaolin
ADs subsidiary Yugo-Kaolin, which is planning a
850,000 investment in Belorecki Pescar.
Alexander Prokopiev, chairman of Kaolin AD...