Cement News tagged under: Palestinian Investment Fund

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Palestine: new plant to affect prices?

14 February 2017, Published under Cement News

Palestinian Investment Fund (PIF) subsidiary, Sanad Construction Resources Co, began work on Phase I of its Palestine Cement Factory (PCF) in October 2016. The first phase of construction at PCF includes the construction of a 1Mta cement mill, including raw material storage, grinding, and packing units at a estimated investment of US$60m, according to the PIF. The plant is being constructed in a remote area southeast of Bethlehem on an area of government-owned land purchased by PIF. San...

Palestinian Investment Fund new plant project

03 October 2016, Published under Cement News

The Palestinian Investment Fund (PIF) launched the first phase of its cement plant project this weekend. The PIF's cement plant will be the first in the Palestinian areas. Ceremonies for the occasion were held in Bethlehem under the patronage of President Mahmoud Abbas and in the presence of PIF board chairman, Mohammed Mustafa. The ceremony was also attended by CEO of Sanad Construction Industries Co, Louai Kawas. Sanad Construction is the PIF-owned company in charge of the new cement pl...