LafargeHolcim to leave cement business in Sri Lanka

Byjirong

Updated Wed, 08 Jun 2016 17:01:21 GMT

LafargeHolcim is exiting its cement business in Sri Lanka, according to the EconomyNext financial news service. A spokesperson said the decision to sell its subsidiary Holcim Lanka was part of a larger global divestment strategy. The company operates the country’s only integrated cement plant, a cement grinding plant and a bagging plant.