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SOMEVAM invests in second CDE silica sand wash plant SOMEVAM, a subsidiary of the Tunisian Sebri Group, an independent, family owned and operated group with interests in agriculture, food processing and quarrying, has announced plans for a significant investment in the development of its second CDE wet processing solution for the production of high-specification silica sand products. With authorisation from the Central Bank of Tunisia, funding for this investment was secured with the support of UK Export Finance, AF Capital, Apple Bank, and supported by British Embassy Tunis. Sebri Group will work with its wet processing partner, CDE, to design and engineer the new plant which will be located at SOMEVAM’s quarry in Oueslatia. ....
CDE benefits from new guarantee scheme to land Tunisian contract Sebri Group’s existing CDE plant in Tunisia 24 February, 2021 01:00 CDE chief executive officer Marc Jennings COOKSTOWN screening firm CDE has become the first company in the north to benefit from a new financial product which helps overseas buyers access government support to boost demand for UK exports - and which in turn has helped it secure a lucrative contract in Tunisia. CDE has benefited from the new Standard Buyer Loan Guarantee (SBLG), launched by UK Export Finance to ensure UK exporters get paid upfront and their buyers benefit from flexible repayment terms ....