The recent acquisition of assets of Holcim Philippines by the SMC group is viewed positively by the Department of Trade and Industry (DTI). Holcim recently divested all of its Southeast Asia assets (in Malaysia, Singapore, Indonesia, and the Philippines) which is part of Holcim’s Strategy 2022 – “Building for Growth” in order to “deleverage and continue reading : SMC’s Acquisition of Holcim Cement Philippines is considered a Positive Development- DTI