Holcim Apasco to be renamed

Holcim Apasco is to be renamed Holcim México in order to unify the "brand and strengthen its presence as a global leader in the Mexican market," Holcim Latinoamérica's CEO Andreas Leu was quoted as saying by local publication El Universo.

Holcim Apasco is Mexcio's second largest cement company with seven plants and a 12.6Mta capacity including the new 1.6Mta Hermosillo works in Sonora, north of the country.

In the first three months of the year, Holcim Apasco in Mexico saw domestic cement deliveries decline by 7.5 per cent on prices that were 4.4 per cent lower, while aggregates volumes fell by 14.7 per cent and prices slipped by 3.3 per cent.