Southeast Asia Cement Holdings Inc (Seacem) has sold its entire stake in listed affiliate Lafarge Republic Inc worth PHP11.32bn (US$227.9m). The stake has been sold as part of the company's bid to raise cash and improve the firm's financial position amid the likely entry of a new investor, Seacem said in a disclosure.

US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...