Holcim, Lafarge Announce Brazil Divestments

Holcim Ltd. and Lafarge SA announced further details on their proposal for comprehensive divestments in Brazil in order to gain antitrust approval for their planned merger, LafargeHolcim. The joint Divestment Committee agreed to propose to the Brazilian competition authority, Conselho Administrativo de Defesa Econômica (CADE), assets that include three integrated cement plants and two grinding stations as well as one ready-mix plant in southeastern Brazil.

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Demand Boosts Dominican Cement Market

Dominican Republic’s Cement Producers Association (ADOCEM) anticipates a 15 percent market growth by year-end while urging initiatives to promote the mortgage market, which in its view will spur the sector’s further development, reports Dominican Today. The country is currently witnessing a rise in local cement demand that is 25 percent higher than the same period a year ago.

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