Cement News tagged under: Israel

RSS feed

Israel release 1000t of cement into Gaza

05 February 2014, Published under Cement News

The Gaza Strip will receive 1000t of cement from Israel to help it recover from the last storm, the Palestinian Authority civil affairs minister said. Hussein al-Sheikh told Ma’an that 25 truck loads totalling about 1000t of cement will enter Gaza starting Sunday and Monday. Al-Sheikh said he instructed the coordination committee in Gaza to start unloading the trucks to help those affected by the storm once they arrive.

Israel: Nesher to pack cement in smaller bags

13 December 2013, Published under Cement News

Nesher 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 opens Gaza for cement imports

18 September 2013, Published under Cement News

After six years of closing the border with Gaza to cement, gravel and iron imports, Israel has decided to allow such deliveries to take place again via the Kerem Shalom border crossing, said a representative of the Palestinian Authority. The move, which is expected to strengthen the private sector in Gaza and Palestinian President Mahmoud Abbas, was confirmed by Israeli government circles. (Source: Zeit Online edition).

Israel: Nesher cement to face competition

26 June 2013, Published under Cement News

An 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...

CRH looks for new Nesher Cement CEO

29 November 2012, Published under Cement News

CRH is reviewing the candidacy of Moshe Kaplinsky for the position of CEO of Nesher Cement Enterprises following the departure of Joel Feldschuh announced earlier this week. Mr Kaplinsky is the former CEO of Better Place Israel. Mr Feldschuh announced on Monday that he will leave the company at the end of the year. His departure follows the sale in July of its controlling shareholder, Clal Industries and Investments Ltd to Len Blavatnik's Access Industries, by IDB Holding Corp. Ltd, contr...

Israel's Clal sells 55% of Nesher cement unit to Livnats

13 February 2012, Published under Cement News

Holding 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...