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Votorantim Cimentos and CDPQ completed the combination of their North American cement assets, with Votorantim holding 83% and CDPQ 17% of the new entity, which includes St. Marys Cement and McInnis Cement.
St. Marys Cement (a Votorantim Cimentos subsidiary) and McInnis Cement will combine their North American assets into a joint venture, with Votorantim Cimentos International holding 83% and CDPQ holding 17%.