20.CEMENT ROADSTONE HOLDINGS (NYSE:CRH) benefits from a monopoly - TopicsExpress



          

20.CEMENT ROADSTONE HOLDINGS (NYSE:CRH) benefits from a monopoly on cement production within Israel through its 25% stake in the Israeli group Mashav Initiating and Development Ltd., which is the holding company for Nesher Cement. Nesher claims on its web site to be Israelís sole producer of cement. Cement is being used in the construction of the Separation Wall inside the West Bank, which the International Court of Justice has ruled illegal. Cement is also used to build settlements on Palestinian land.21. CEMEX (AMEX:CEQ), based in Mexico, owns Readymix, which has a site in Mishor Adumim, a settlement deep inside the West Bank. Cemex purchased the parent company of Readymix, RMC Group plc, in 2005. According to the Coalition of Women for Peace (whoprofits.org), Readymix also ìowns a quarry for aggregates in the West Bank, and has provided concrete elements for construction of infrastructure in the occupied West Bank.î22. CHEMRING GROUP PLC (LON:CHG, and PINK:CMGMF) owns Chemring Countermeasures Ltd., which sells ammunition to the Israeli Navy. The Israeli Navy has repeatedly fired on unarmed Gaza fishermen as they fish in Gazaís own coastal waters. Palestinian civilians seeking to earn a living have been killed and maimed in these attacks. Israel claims to have ended the occupation of Gaza, but in fact controls access to Gaza by land, sea and air. Israeli Navy ships shelled the Gaza Strip during Israelís massive 2008 year-end assault on Gaza, which killed more than 1400 Palestinians.23. CLAL INDUSTRIES AND INVESTMENTS LTD. (TLV:CII) holds 75% of Nesher Israel Cement Enterprises, through Mashav Initiating and Development. According to the Coalition of Women for Peace (whoprofits.org) ìNesher provided cement for the construction of Israeli settlements and infrastructure in the West Bank and most likely also for the construction of the separation wall. In July 2009, Clal subsidiary Mashav purchased Hanson Israel, which has three plants in West Bank settlementsandoneIsraeliaggregatesquarryintheoccupiedWestBank.Thedealstill awaits the approval of the Israeli Antitrust Authority. The company also owns Golf & Co, a retail store which has a branch in the settlement of Pisgat Zeev in the occupied West Bank. Clal Industries and Investments major shareholder is the IDB Group through IDB Development.î (see IDB below)24. COVIDIEN (NYSE:COV) has been one of the major customers for Avgol Nonwoven Industries, which produces nonwoven fabrics in the Barkan Industrial Zone in the West Bank. Covidien is a health care products company based in Mansfield, MA. It was recently sold to First Quality, which has been asked to comment on whether Covidien is still a customer of Avgol. First Quality also produces nonwoven fabrics, and there was speculation that it could supply Covidien with these. First Quality has declined to comment. Covidien has acknowledged that it is an Avgol customer, but says the portion of material used from the West Bank location is small. The Coalition of Women for Peace (whoprofits.org) has stated that Covidien accounts for about 32% of Avgol sales.25. DELL COMPUTERS (NASDAQ:DELL) subsidiary Dell Israel has supplied 50,000 PCs to the IDF (Israel Defense Forces) over three years at a total cost of $20 million, which is below the market value. The IDF uses these computers to enforce Israelís military occupation of Palestinian land.26. DOR ALON ENERGY IN ISRAEL (1988) LTD. (TLV:DRAL) (See Alon Group)27.ELBIT SYSTEMS LTD. (NASDAQ:ESLT) - Elbit Systems Ltd. is an international defense electronics company headquartered in Israel. It is a major supplier to the IDF, which is enforcing the occupation of Palestinian land. According to the Coalition of Women for Peace, it is one of two main providers of the electronic detection fence for the separation wall in the occupied West Bank. It supplied and incorporated LORROS surveillance
Posted on: Mon, 17 Nov 2014 04:43:13 +0000

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