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UK The UK aggregates, cement and ready-mixed concrete sectors are likely to be referred to the Competition Commission by the UK's Office of Fair Trading (OFT). The OF said the market was too concentrated, with five major players accounting for over 90% of the cement market, 75% of aggregates sales and 68% of ready-mixed concrete production. BRAZIL The Inter-American Development Bank (IDB) has approved a US$ 128 million loan to support the modernisation of two hydroelectric power plants in Brazil. The funds are planned to extend the service life of the Furnas Hydroelectric Plant in Minas Gerais and the Luiz Carlos Barreto de Carvalho Hydroelectric Plant near Sao Paulo by 30 years.