Word: cements
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...never have fruit." That sentiment is shared by Shakib Noori, p.r. director of the Afghanistan Investment Support Agency, the country's business-licensing body. Afghanistan imports some $5 billion worth of goods every year, and "half of those products could be produced here in Afghanistan," says Noori. "Dairy, foodstuffs, cement-there are huge opportunities, but the problem is that there is no infrastructure." Most of the country is out of reach of an electrical grid. Even in Kabul, residents receive just three hours of electricity a day. Although a national highway system is scheduled to be completed...
...Representatives of the Charlesview Board of Directors were unavailable for comment yesterday.There are some residents, far less enthusiastic about the state of the Charlesview complex, who support the proposed land deal.Raisa Shapiro, a resident of the complex for 16 years who did not attend the protest, said that the cement in her building is corroding, the drains are constantly requiring repair, and her apartment is infested with insects.“This building is falling apart,” she said. “I think my apartment is worse, but it can’t be that my apartment...
There are a few Monterrey-headquartered firms making their way into the world-class league, like Vitro, which manufactures glass. Another is Cemex, the cement behemoth, with $15.3 billion in sales last year--the world's largest producer of ready-mix concrete. It recently made a $12.8 billion bid for Rinker Group of Australia that would be the largest acquisition ever by a Mexican firm and would strengthen Cemex's already leading position in the U.S. market. Such success puts the city on a trajectory pulling further and further ahead of much of the rest of the country. Mexican states...
...forgiveness on bank loans to airbrushing competition regulations. Their heft makes them effective bullies. After Fox took office in 2000, promising a new era, several younger Cemex execs decided to take him at his word and struck out on their own, competing against their former employer by importing cheaper cement from Russia. Their boat got tied up in every port, and after months of harassment, they took their business to Africa. Oligopolistic pricing is so pronounced in some sectors--like telecom, dominated by Carlos Slim, one of the world's richest men--that it is hurting Mexico's competitiveness...
India's industrial heritage cannot be separated from the Tata name. The company's founder, J.N. Tata, was a nationalist driven by the idea of a strong, self-reliant India. He gave the country its first steel mill, first hydroelectric plant, first textile mill, first shipping line, first cement factory and even its first world-class hotel. His successors--among them J.R.D. Tata, India's first pilot--created the first airline, first motor company, first bank and first chemical plant. And much like H.J. Heinz in the U.S., J.N. Tata attached social welfare to his business. Tata Steel introduced...