Emerging economies keep cement makers afloat

FRANKFURT: Ongoing demand in emerging economies is helping cement makers HeidelbergCement and Holcim to deal with the lack of…

FRANKFURT: Ongoing demand in emerging economies is helping cement makers HeidelbergCement and Holcim to deal with the lack of…

construction activity in many of the more mature markets, the two groups reported.

HeidelbergCement is struggling with a fall in sales in the UK and Holcim, the world's second largest cement maker said that it expects conditions to remain difficult this year as fewer new buildings are built in the US and Europe.