Cement News tagged under: Mashav Initiation and Development
Clal Industries to expand power plant capacity30 August 2012, Published under Cement NewsClal Industries and Investments, controlled by Len Blavatnik, subsidiary Mashav Initiation and Development Ltd, is to expand capacity at its private power station which provides electricity to Nesher Cement Enterprises of Israel. With an investment of US$90m, capacity at the station is to be increased initially by 50MW and thereafter by 70MW. Mashav is 75 per cent owned by Clal Industries and 25 per cent owned by CRH. In 2010, Mashav’s 50W natural gas-driven power station secured a 20-yea... |
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