Wednesday, July 24, 2024

Logo Central America Link

Slim challenges Cemex and Holcim in Mexico cement

Wednesday, January 9, 2013

Elementia, Carlos Slim's newest venture, has surprised the Mexican cement market, currently dominated by Cemex and Holcim Apasco, a unit of the Swiss producer.

Elementia, a distributor of construction materials, has only just opened a cement in the central state of Hidalgo. Now it will be merged with two existing lafarge factories.

Slim's partner in Elementia is Antonio del Valle, owner of Mexichem, a producer of chemicals and plastic tubing.

Full story (in Spanish)