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Lafarge and Elementia agreed to combine their cement assets in Mexico into a joint venture. Lafarge contributes its Vito and Tula plants (1M tonnes capacity), Elementia contributes a new 1M tonne plant under construction. Lafarge will hold 47% and Elementia 53%.
“Lafarge announces it has reached an agreement with Elementia to combine their cement assets in Mexico.”holcim.com
Summarized from public sources; check the original articles before acting on it.