Italcementi to invest more in Morocco

Italcementi to invest more in Morocco
Published: 18 April 2006

Italian cement maker Italcementi SpA is planning to invest EUR150m to build a new cement plant in Morocco, where the company already operates, reports Il Corriere della Sera in its Friday Internet edition.  As for potential acquisitions, the company said it’s studying many projects, but "nothing is concrete or in the near term," the paper adds, citing remarks by the company’s Chief Executive Carlo Pesenti.