Cement News tagged under: Nesher Cement
Nesher Cement fined for breaking Clean Air Law22 August 2022, Published under Cement NewsNesher Israel Cement Enterprises ( Clal Industries ), Israel’s only producer of cement, has been fined nearly ILS6m (US$1.9m) for violations of the Clean Air Law, the Environmental Protection Ministry said on Sunday. The fine is for exceeding the permitted level of pollution on numerous occasions, including “exceeding the emissions values for particulates, mercury and mercury compounds,” by the company’s main factory in the Ramla industrial zone during 2019-20, the ministry said, adding... |
Nesher Cement receives approval for AF use06 July 2020, Published under Cement NewsIsrael’s Environmental Protection Ministry has approved Nesher Cement’s revised emissions permit, which will see the company replace some of its raw materials with waste. It will also use waste as fuel to reduce its dependence on petcoke. The approval comes despite protests from environmental advocacy organisation Adam Teva V’Din, which alleged that the request for permit changes reflected no effort to evaluate the expected emissions of dangerous metals, volatile organic compounds, dioxins... |
Nesher Cement considering Haifa closure03 May 2019, Published under Cement NewsIsraeli cement producer is looking at closing its Haifa plant and moving jobs to Turkey, according to Globes. Last year the company dismissed 40 employees and is reportedly considering further lay-offs and reductions in its activity through Israel, including shutting down its Haifa works. The company’s profit declined sharply last year. In addition, the domestic cement industry is expected to continue to be challenged by large-scale cheap cement imports from Turkey. Imported cement acc... |
Israel: antitrust moves to increase competition29 July 2014, Published under Cement NewsIsrael’s antitrust authority is taking steps to introduce competition in the domestic cement market by calling on the country’s dominant producer to make a plant disposal or adjust discounts to its largest customers. Antitrust Commissioner David Gilo has outlined plans to force Nesher to sell its Har Tov plant which produces about 1Mta of cement and accounts for about 30 per cent of domestic sales. Should Nesher fail to sell the cement works, the company would have to drop the discounts it... |
PSCS price rise puts ready-mix companies on strike in West Bank03 February 2014, Published under Cement NewsScores of ready-mix companies in the West Bank have halted their operations in the Palestinian territories in an open protest against unjustified increases in the rates charged for imported Israeli cement by the Palestinian Commercial Services Company (PCSC). PSCS has increased the cement prices six times since the beginning of 2013. “A total of 67 ready-mix cement companies will not function in the West Bank unless the PSCS gives up its decision to increase the price of cement by ILS18 (US... |
Israel: Nesher to pack cement in smaller bags13 December 2013, Published under Cement NewsNesher Cement has to comply with a Knesset committee bill to sell cement in 25kg bags in addition to the 50kg bags that are currently available. N esher has asked for more time to make the switch-over, but the request has been refused by the committee. “The company is preparing to manufacture 25kg bags in any case, with no connection to this bill,” Nesher vice-president Aya Avidor told the Knesset members. “But it requires a lot of logistics and will cost ILS20m (US$5.7m). We request a ye... |
Israel: Nesher cement to face competition26 June 2013, Published under Cement NewsAn Israeli cabinet committee working on ways to lower the cost of living approved a plan on Tuesday to inject competition into Israel's cement industry. Although lower cement prices would reduce the cost of residential construction to some extent, cement is not a major element in the cost of building homes, but the decision was also taken amid a forecast that by 2023, demand would outstrip the capacity of Nesher Cement, which has a monopoly in Israel. The plan was approved by a committe... |
Israel's Clal sells 55% of Nesher cement unit to Livnats13 February 2012, Published under Cement NewsHolding company Clal Industries agreed to sell a 55% stake in Mashav Initiating & Development, the parent of Nesher Cement, to the Livnat family for ILS1.32bn (US$355m). Clal will also receive ILS45m from a dividend Mashav will distribute prior to the deal, the company said in a statement on Sunday. It expects to post a capital gain of ILS750m-850m while its parent company IDB Holding Corp will post a gain of ILS400m-500m. The sale is in line with the group's strategy to simplify IDB's str... |
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