LafargeHolcim is pulling out of Sri Lanka's cement business.
A company spokesperson is reported by national media saying Holcim Lanka will be sold as part of a larger global divestment strategy.
Holcim Lanka owns Sri Lanka’s only integrated plant that produces cement from domestic limestone. The company also has an imported clinker grinding plant, and a bagging plant using foreign-made cement.
A number of Sri Lanka-based companies are thought to be considering acquiring the business, including a
A company spokesperson is reported by national media saying
Holcim Lanka owns Sri Lanka’s only integrated plant that produces cement from domestic limestone. The company also has an imported clinker grinding plant, and a bagging plant using foreign-made cement.
A number of Sri Lanka-based companies are thought to be considering acquiring the business, including a privately-held business group and a diversified listed firm.
