In January 2016, CRH, a multinational manufacturer and distributor of building materials, has finalized the dispossession of its 25% stakes in the Mashav group, the holding company for the sole Israeli cement producer, Nesher Cement.
In its press release on January 2016, CRH stated that it completed 13 divestments in 2015, the largest of which was the disposal of CRH’s 25% equity stake in its Israeli operation, the 25% stake was held in the Mashav group which is the holding company for Nesher Cement. This divestment completes CRH’s exit from the Israeli market.
Today, both Nesher Cement and Mashav are fully owned by Clal Industries, one of the leading Israeli holding companies.
CRH’s Past Involvement:
In 2004, CRH publicly stated that in “all probability Nesher cement was used during the construction of Israel’s wall in the West Bank”. Additionally, products of Nesher were seen in the construction sites in West Bank settlements of Alfei Menashe, Kedumim, Ma’ale Adumim and in the Har Homa settlement in occupied East Jerusalem. Nesher cement bags were also documented during the construction of the Jerusalem light rail, a transportation project that connects the settlement neighborhoods of occupied East Jerusalem with the city center.
Being a sole cement producer in Israel, Nesher also benefits from the Palestinian captive market in the West Bank and the Gaza strip. In fact, under the 2014 UN-sponsored agreement for the reconstruction of Gaza, Nesher also gained profit from aid funds invested in the rebuilding of the Strip.
Through Nesher, CRH was also a 12.5% shareholder in Taavura Holdings, the largest road haulage and logistics company in the Israeli market.
Taavura provides heavy haulage and installation engineering services to construction projects in the West Bank. One of these projects was the construction of the Separation Wall. Taavura also transports heavy cargo for the Israel army. The company transported aircrafts and watercraft for the Israeli army during the attack on the Gaza Strip in November 2012. Finally in 2014 and 2015, the company was repeatedly documented moving dairy material from West Bank settlements to an Israeli factory within the Green Line.
For more information on Nesher Cement please Click here.
- “Big Brother” in Jerusalem’s Old City: Israel’s Militarized Visual Surveillance System in Occupied East Jerusalem
- A Canadian Firm Is Building a New Settlement
- Caterpillar Imports of Bulldozers to the Israeli Army Is on Hold
- Electricity Markets and Israeli Politics of Debt
- Facts on the Ground: Heavy Engineering Machinery and the Israeli Occupation
- Financing Land Grab: The Direct Involvement of Israeli Banks in the Israeli Settlement Enterprise
- Financing the Israeli Occupation: The Current Involvement of Israeli Banks in Israeli Settlement Activity
- Forced Displacement
- Forced Displacement: The Story of Al-Araqib
- Greenwashing the Occupation: The Solar Energy Industry and the Israeli Occupation
- House Demolition in the Syrian Golan: Hyundai Heavy Industries
- In the Pipeline: Israeli Bypass Water Project in the Jordan Valley
- Israeli Solar Fields in the West Bank
- Nesher’s Involvement in the Occupation
- Past Corporate Involvement: Construction on Occupied Land
- Paving the Way: The Role of Israeli Banks in Road Construction in the Occupied Palestinian Territory
- Plundering the Sun: The Israeli Solar Energy Industry and Palestinian Forced Displacement
- Reconstruction of Gaza: Zero Buildings, Massive Profit
- Roads and Infrastructure: Nabi Elyas Bypass Road (Highway 55)
- Shapir Civil and Marine Engineering and the Israeli occupation
- Signal Strength: Occupied: The Telecommunications Sector and the Israeli Occupation
- SodaStream Completes Withdrawal from Its Factory in Mishor Adumim in the West Bank: Relocates to the Naqab (Negev) Desert
- The Cellular Companies and the Occupation
- The Israeli Exploitation of Palestinian Natural Resources: Part I
- The Israeli Exploitation of Palestinian Natural Resources: Part II: Heidelberg Cement
- The Israeli Exploitation of Palestinian Natural Resources: Part III: Ashtrom
- The Israeli Exploitation of Palestinian Natural Resources: Part IV: Ahava
- The Land of Milk and Money: The Israeli Dairy Industry and the Occupation
- Tourism Infrastructure and Settlement Expansion: The Case of the Jerusalem Cable Car
- Tracking Annexation: The Jerusalem Light Rail and the Israeli Occupation
- بلاد الحليب والمال : تورط سوق منتجات الألبان في الاحتلال الاسرائيلي
- تورّط شركة "نيشِر" في الاحتلال
- حقائق على أرض الواقع: المعدّات الهندسيّة الثّقيلة والاحتلال الاسرائيلي