1. Among some three dozen businesses, Koor owns Nesher, a cement maker. 2. Argentine shares rose to a five-year high as a spate of planned public works projects drew investors to construction companies, steel producers and cement makers. 3. Besides Montedison, Ferruzzi controls the Fondiaria SpA insurance group, cement maker Calcestruzzi SpA, and various trading and media companies. 4. Aeromexico, Alfa SA, Grupo Mexico SA and Grupo Situr SA led the decline along with cement makers Apasco SA and Cemex SA. 5. Caribe also has expanded its presence in the Caribbean with the purchase of a Venezuelan cement complex and a stake in a Haitian cement maker. 6. Cement makers are considered to be the hardest hit as political uncertainties discourage fresh investing into new projects, cutting into the demand for cement. 7. Cement makers sell primarily to concrete makers, generally known as ready-mix companies. 8. Cemex, the fourth largest cement maker in the world, has been trying to enter the Colombian for some time. 9. Cement makers, which saw prices fall with a surge in imports, are poised to benefit from a weaker peso as it raises the cost of imported cement. 10. Cemex recently bought a Colombian cement maker, and has said it intends to buy plants in Asia. |