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28 September 2010

Italcement plans investment

First publishedon www.AggBusiness.com
Italcementi has said that it plans to invest €3.1billion in improving its production between 2009 and 2014 to drive an annual compound growth rate of between 3.7 and 4.1% during the period.

The company is also finalising a syndicated revolving loan of €920million with Italy-based Mediobanca as the lead organisation to refinance its debt.

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