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| Holcim enters United Arab Emirates cement market Holcim Trading, a fully-owned subsidiary of Holcim Ltd, has acquired a 25 percent stake in National Cement Factory (NCF) based in Abu Dhabi, United Arab Emirates (UAE). The company was founded in 2005 by the Emirates International Investment Company and other local investors with the purpose to build a grinding station in Abu Dhabi. The installation with an annual capacity of more than 2 million tonnes of cement is expected to be operational in the first quarter of 2007. write your comments about the article :: © 2006 Construction News :: home page |