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  • 14 years ago
Holcim has said it will cut costs and raise the prices of its cement and other building materials to meet financial targets.

The company - which is the world's second-biggest cement maker - has been hit by deteriorating demand in cash-strapped Europe and high energy costs.

Europe is the Swiss firm's second-largest market by sales, after Asia-Pacific.

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http://www.euronews.net/

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