Union Cement Corp.’s board has approved a change in the company’s name to Holcim Philippines Inc. after Swiss cement maker Holcim’s affiliate, Cemco Holdings Inc., raised its stake in Union Cement to 51%, at a cost of $150 million. The original level of Cemco’s stake in Union Cement wasn’t disclosed. Published under Cement News
Union Cement Corp.’s board has approved a change in the company’s name to Holcim Philippines Inc. after Swiss cement maker Holcim’s affiliate, Cemco Holdings Inc., raised its stake in Union Cement to 51%, at a cost of $150 million. The original level of Cemco’s stake in Union Cement wasn’t disclosed. Published under Cement News
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