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
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 privately-held business group and a diversified listed firm.
