Holcim invests in La Cemento

Holcim invests in La Cemento
26 October 2004


The Ecuadorian Cement company La Cemento Nacional has changed its name to Holcim Ecuador. The Swiss group Holcim entered La Cemento in 1976 as a minority shareholder, but since October 5th the multinational, through its subsidiary in Ecuador, holds a 77 per cent stake in the company. Holcim has invested US$7.5m in the acquisition and set up of two machines, each one with capacity to pack 3600 sacks of cements per hour, or 3000t per day. Published under Cement News