North American Shares Gain Nov 28, 2008
Rumors that cement maker Cemex (nyse: - - ) would refinance its large debt payments due next year sent Cemex shares on a two-day rally, jumping 4 ... Cemex also reportedly got a boost on the news that Obama is planning to propose a large stimulus package that is expected to increase spending on infrastructure projects and could help the cement company's sales. (Forbes -- Markets)
Brazil Stocks Gain, Led by Tim on Buyout Speculation; ALL, JBS Share Climb Nov 27, 2008
Cemex shares have risen by a third since economic advisers to U.S. President-elect said yesterday he may propose a plan of as much as $600 million to finance highway projects and other spending. In other Latin American markets, Argentinas Merval rose 5. (Bloomberg -- Latin America)
Chavez: Nationalization agreements on schedule Nov 25, 2008
Chavez says talks with Mexican cement giant Cemex SAB for its Venezuelan subsidiary are ongoing. He says Cemex should expect less than its asking price because its plant will require investment to meet environmental standards. (International Herald Tribune)
Venezuela's fork in the road: socialism or capitalism? Nov 22, 2008
In August, the government nationalized the largest cement producer, adding Cemex to a portfolio of businesses that includes the largest steel company and a major telephone network. The telecommunications sector still maintains a number of private providers, but the recent launch of Venezuela's first satellite atop a Chinese rocket may give the government further control. (Yahoo News)
Brazilian Stocks Drop on Economic, Profit Outlook; Mexico's Bolsa Falls Nov 17, 2008
5 percent, as cement-maker Cemex SAB dropped for an eighth day. Cemex slid 5 percent to 6. (Bloomberg -- Latin America)
CRH, Hochtief Lead European Builders Benefiting From Obama's Stimulus Plan Nov 15, 2008
Recent takeovers include concrete and crushed-rock plants in Florida and Arizona, bought from Cemex SAB.. Broadening CRH's global reach helped minimize the impact of the last recession that hit the U.S. and Europe in 1991, it said on its Web site. (Bloomberg)
Deal that makes lots of cents Nov 11, 2008
"Centro buying New Realty. ABC Learning buys US assets. Cemex buys Rinker. Rio buying Alcan.Crystal balls-upsNominations for notable analyst calls of 2008.Jenny Owen of Citi noting ABC Learning's debt obligations "appear to have been breached".Morningstar analysts on June 5, when Babcock & Brown was trading at $10.61. "Buy. Fair value $36. (Sydney Morning Herald -- Business)
Feds want divestitures in Cemex/Rinker acquisition Nov 10, 2008
Concrete supplier Cemex S.A.B. de C.V. will have to sell its Florida and Arizona operations if it completes a hostile takeover of ... In Flagstaff, Rinker and Cemex are the only two companies capable of supplying ready mix concrete for large projects ... Petersburg and Fort Myers/Naples area, where Cemex and Rinker account for more than 60 percent of concrete block sales. (South Florida Business Journal, FL)
Cement companies face EU antitrust investigation Nov 6, 2008
Companies including Lafarge of France, the world's biggest cement maker, Holcim of Switzerland, the second biggest, and Cemex of Mexico had already said their offices were searched ... Cemex said Tuesday that its offices in Germany and Britain had been searched ... For Cemex, which now has large operations in Spain, Britain, Germany and Eastern Europe, the investigation adds to a welter of bad news this year. (International Herald Tribune -- Business)
Antitrust regulators raid cement firms Nov 6, 2008
Germanys HeidelbergCement and Dyckerhoff, Frances Lafarge as well as Mexico-based Cemex confirmed that their European plants were among those that had surprise visits from inspectors this week. Sapa-AP. (Business Report, South Africa)
Brockovich Slams Company For Pollutants Nov 4, 2008
An investigation into a Riverside Cemex Cement plant's emission of toxins into the air has triggered another one here on the Central Coast. Air district test samples from June and August showed the Cemex Plant in Davenport was emitting eight to 10 times the acceptable level of the toxin chromium six ... The vice president of Cemex said they're willing to review the way its davenport plant works, but Brockovich and many Davenport residents said it's too little too late. (KSBW 8, CA)
James Hardie to close two US plants Nov 4, 2008
One major victim of the housing downturn in the US is the Mexican construction materials concern Cemex, which bought CSR-spin off Rinker Group for $17 billion last year. Apart from recently being forced to sell assets to pay down debts, Cemex had the indignity of having its debt cut to junk bond status by one credit ratings agency last week ... Cemex shares have tumbled more than 70 per cent in recent months, taking its market capitalisation to $9. (Sydney Morning Herald -- Business)
Polish Firm Protests Loss of Iraq Bid Nov 4, 2008
Another company, Cemex Global, backed by Jordan-based Shaheen Business & Investment Group, also has filed a protest, charging that the authority improperly evaluated its bid to supply items including rucksacks, rifles, helmets and heavy jeeps for 26 battalions ... Cemex and Bumar questioned whether Nour had accurately represented itself ... I find it difficult for the government to have confidence in a contractor who is going around trying to find a product after the contract is awarded, Cemex... (Yahoo News -- Poland)
Cemex exports cement from Tampa as response to housing slowdown Oct 25, 2008
This is an illustration of our ability to leverage the global Cemex network to maximize our assets in the United States, Gilberto Perez, president of CEMEX USA, said in a media release ... Cemex decided to convert its Tampa Bay area operations to export primarily because of the housing slowdown ... Cemex contends it s the first cement company to export large amounts of cement from Florida, primarily to the Caribbean. (Tampa Bay Business Journal, FL)
Read This If You Think the $700 Billion Bailout Is Bad Oct 24, 2008
Other major Mexican companies, including Cemex (NYSE: CX) and Gruma (NYSE: GMK), have reported mark-to-market losses on derivatives of more than $500 million. For companies with large amounts of debt denominated in foreign currency, using derivatives is a way to protect against a weakening of their local currency and the rising debt costs that would result. (MSNBC -- Business)
Linking knowledge creation, intellectual endeavors, economy Oct 24, 2008
Javier Trevino, Senior Vice President Corporate Communications c Affairs, CEMEX. Huston Eubank, Former Executive Director, World Green Building Council. (EurekAlert! -- Business News)
Weird Financial News Oct 22, 2008
Cement manufacturers such as Cemex (NYSE: CX) have seen their stocks slide lately. Here's a new development, though, that might help. (MSNBC -- Business)
Are You Ignoring the World's Next Great Growth Story? Oct 20, 2008
Similarly, concrete industry players such as Cemex (NYSE: CX) and KHD Kumboldt Wedag have a significant opportunity as China looks to upgrade the quality of its construction ... China Fire, KHD, and Cemex are Motley Fool Global Gains recommendations ... Cemex and Berkshire are Stock Advisor picks. (MSNBC -- Business)
Slowdown sends Cemex profit lower Oct 17, 2008
Mexican cement giant Cemex has seen its quarterly profits slump, following an economic slowdown and Venezuela's nationalisation of the cement sector. Cemex said it faced a "challenging" operating environment ... Cemex's assets in Venezuela were seized as part of President Hugo Chavez's wide-ranging nationalisation programme. (BBC News -- Americas)
Mexico's Cemex to cut costs, jobs as crisis hits Oct 17, 2008
MONTERREY, Mexico Mexico's Cemex, the world's No. 3 cement maker, will cut costs and jobs as it struggles with the severe U.S. housing crisis and global market volatility that is raising its financing costs. Facing slumping volumes in its biggest markets, a collapsing share price and a weak Mexican peso, Cemex unveiled Thursday an austerity plan that includes a $1 ... Hector Medina, planning and finance chief, told an analysts' conference call that Cemex also aimed to cut $500 million in costs... (San Diego Union-Tribune -- Business)
Cemex 3rd quarter profits down 74 percent Oct 16, 2008
Cemex exec cites "challenging operating environment" in several countries. Cemex notes earnings fell after Venezuela nationalized its cement operations ... Cemex says infrastructure sector was one of the bright spots in difficult quarter. (CNN -- International)
UPDATE 2-Mexico to probe firms involved in derivatives losses Oct 15, 2008
Supermarket operator Comercial Mexicana (COMEUBC.MX: , , , ), cement maker Cemex (CX.N: , , , )(CMXCPO.MX: , , , ) and other companies said last week they had steep losses on their derivatives positions as the peso took its worst hit in a decade. "The biggest positions in the derivatives markets, often positions that have nothing to do with a company's traditional business, that's relevant information and should have been communicated to investors," Carstens said in a radio interview. (Reuters)
Precarious Peso Pounds Cemex Oct 11, 2008
With its derivatives position flipped, Cemex's shares slide ... So is Cemexs (NYSE: CX) foundation crumbling in for good ... Cemex revealed that its derivatives position on September 30 was a positive US$100. (MSNBC -- Business)
Mexico burns a 10th of its reserves defending peso Oct 11, 2008
Shares of Cemex, the world's No. 3 cement maker which disclosed multimillion dollar loses on derivative positions Thursday, tumbled 15. 87 percent to 8. (San Diego Union-Tribune -- Business)
Mexico: Nation could slip into recession on exports, credit Oct 10, 2008
Cement giant Cemex warned Thursday the current value of its derivatives position had fallen to negative $500 million from positive $100 million at the end of September because of market volatility. Mexican companies that need steady supplies of dollars use derivatives like options contracts to hedge against future fluctuations in the value of currencies. (San Diego Union-Tribune)
Brazilian Stocks Fall, Led by Banks, Homebuilders, Airlines; Bolsa Drops Oct 10, 2008
Cemex was reduced to ``hold'' from ``buy ... Cemex fell 15 percent to 10. (Bloomberg -- Latin America)
Mexico's Cemex Shares Plunge on Outlook Cut Sep 13, 2008
MEXICO CITY (Reuters) - Shares of Mexico's Cemex plunged 7 ... Stock of Cemex traded at 19 ... Cemex forecast earnings before interest, taxes, depreciation and amortization, or EBITDA, of between $4. (ABC News -- Wire)
Cemex Weighed Down By Expansion Sep 13, 2008
Cemex may have had the right idea, but it had it at the wrong time ... Cemex (nyse: - - ) s New York-traded shares sank 6 ... Cemex said the lower forecast included the impact of acquiring building materials company Rinker Group (nyse: - - ), as well as the sale of some U.S. assets to its joint venture Ready Mix USA, as well as the confiscation of its Venezuelan assets as of Aug. 1. (Forbes -- Markets)
Mexico's Homex tip-toes abroad amid analysts' doubts Sep 11, 2008
Homex is in a similar bind that Mexico's Cemex faced years ago when it decided to go abroad, a move Wall Street fiercely opposed. After buying two Spanish companies in 1992 investors dumped Cemex shares, but the Mexican company proved its critics wrong and is now the world's No. 3 cement maker with operations in more than 50 countries, many in the developing world. (San Diego Union-Tribune -- Business)
As Venezuela Nationalizes, Investors Worry Sep 11, 2008
The decision affects Mexican-based Cemex (nyse: - - ), the world's third-largest cement company and the leading Venezuelan producer, Swiss Holcim and French Lafarge. --On April 9, Vice President Ramon Carrizales announced the renationalization of the Sidor steel plant in Bolivar state, privatized in 1997 and 60% owned by Italian-Argentine parent company Techint. (Forbes -- Business)
Venezuela moves to nationalize fuel distribution Aug 29, 2008
Also Wednesday, the president said in talks with the Mexican ambassador, the government has negotiated a deal that will let the Venezuelan authorities take full control of the local plants of the Mexican cement company Cemex. He gave no details on what his government might pay for a majority stake in Cemex's three Venezuelan cement plants, 30 smaller concrete plants and shipping terminals ... rez, a spokesman at Cemex headquarters in Monterrey, Mexico, confirmed the agreement with Venezuela but... (International Herald Tribune)
'Fragile environs' Aug 26, 2008
I ask members of the board and planning commission to not allow the Mexican company Cemex to blow the top off our Jesse Morrow Mountain -- a sacred American Indian site. Ethel HarderReedley. (Fresno Bee -- Opinion)
CRH First-Half Profit Declines 8.5% as Markets in Europe, U.S. Deteriorate Aug 26, 2008
2 billion euros buying companies last year, including the takeover of Swiss rival Getaz Romang and concrete and aggregate plants in Florida and Arizona from Cemex SAB.. CRH became the world's No. 2 in construction materials and distribution in 2006, behind Cie. (Bloomberg -- UK)
Fairfax Media axes 5% of staff, union to meet management Aug 26, 2008
Merrill Lynch, meanwhile, is also seeking offers for the Humes concrete pipe business being sold by Mexican cement giant Cemex. Up to 10 parties are reportedly interested in the asset, with information memorandum already sent out and first round offers due within the next month. (Business Spectator)
Extreme takeover Aug 25, 2008
The latest is Cemex of Mexico, the world's third-largest cement maker. Unlike European companies, Cemex did not agree to Chavez's terms of purchase -- so he simply stole their assets ... "Now the cement we produce will not make millionaires of some men far away, (and) it will be used for our houses, our infrastructure and our national development plan," Venezuelan Energy Minister Rafael Ramirez was quoted after the Cemex takeover. (The Augusta Chronicle)
Venezuela to negotiate with Cemex Aug 24, 2008
Venezuela willing to negotiate with Cemex - International Business-News-The Economic Times ... Venezuela willing to negotiate with Cemex 23 Aug, 2008, 1507 hrs IST, AGENCIES ... CARACAS/Venezuela: Venezuela, which this week nationalized cement plants owned by Cemex SAB, is willing to resume failed negotiations with the Mexican cement company, Venezuela's vice president said on Friday. (India Times)
Venezuela inflation may hit 27% Aug 23, 2008
The government expropriated the local unit of Mexico's Cemex this week after the company declined to accept the government's compensation offer. Cemex will send a new team of negotiators to Venezuela to restart talks with the government on August 25, Vice President Ramon Carrizales said today in comments broadcast by state television ... Venezuela will compensate minority shareholders in both Cemex and Banco de Venezuela through public offerings to buy back their shares, Rodriguez said. (Sydney Morning Herald -- Business)
Chavez bashes Mexico's Cemex after nationalization Aug 22, 2008
Chavez bashes Mexico's Cemex after nationalization - Forbes ... Associated PressChavez bashes Mexico's Cemex after nationalizationBy FABIOLA SANCHEZ 08 ... President Hugo Chavez lashed out at Cemex SAB on Thursday, saying Venezuela is ready to put up a fight in international arbitration as the Mexican cement company seeks to challenge the nationalization of its cement plants. (Forbes)
Chavez bashes Mexico's Cemex after nationalization Aug 22, 2008
CARACAS, Venezuela (AP) -- President Hugo Chavez lashed out at Cemex SAB on Thursday, saying Venezuela is ready to put up a fight in international arbitration as the Mexican cement company seeks to challenge the nationalization of its cement plants. Chavez said Cemex executives had been "irresponsible" and "disrespectful" during failed compensation talks ahead of the takeover ... He welcomed Cemex's challenge, noting that state oil company Petroleos de Venezuela SA, or PDVSA, has plenty of... (Sioux City Journal, IO)
Chavez lashes out at Cemex Aug 22, 2008
Venezuelan President Hugo Chavez lashed out at Mexican cement company Cemex on Thursday, calling its executives "irresponsible'' and "disrespectful'' after they vowed to seek international arbitration over the nationalisation of their Venezuelan unit ... Cemex, which bought Australia's Rinker Group last year and is the world's third-largest cement maker, called the confiscation of its assets a "flagrant violation'' of Venezuela's constitution and its expropriation laws, and vowed Wednesday to... (Sydney Morning Herald -- Business)
* Cemex to fight nationalization at World Bank Aug 22, 2008
Cemex to fight nationalization at World Bank ... Mexican cement maker Cemex SAB said on Wednesday it would seek World Bank arbitration over Venezuelas move to nationalize its local cement plants this week X a step it called flagrantly illegal ... Cemex, the worlds third-largest cement maker, called the confiscation of its assets a flagrant violation of Venezuelas Constitution and its expropriation laws. (Taipei Times, Taiwan -- World)
Chavez Says Cemex `Polluted' Venezuela's Environment and Failed to Invest Aug 22, 2008
Chavez Says Cemex `Polluted' Venezuela, Didn't Invest (Update4) ... Venezuela seized the local operations of Cemex, the largest cement maker in the Americas, as part of a nationalization drive after the government and the company failed to reach an accord on a forced sale ... Cemex said it would seek arbitration and called the expropriation a ``flagrant violation'' of the law. (Bloomberg -- Latin America)
Cemex challenges nationalisation Aug 21, 2008
Mexican cement giant Cemex plans to go to the World Bank to seek arbitration after Venezuela's government seized the firm's local subsidiary. Cemex argues that the move to take over the firm's assets in Venezuela and nationalise the business, is illegal ... Unlike other cement firms Holcim and Lafarge, which have agreed to hand over local subsidiaries to the Venezuelan government, Cemex has yet to agree. (BBC News -- Americas)
Cemex seeks arbitration in Venezuela takeover Aug 21, 2008
MEXICO CITY (AP) -- Mexican cement maker Cemex SAB said late Wednesday to seek World Bank arbitration over Venezuela's move to nationalize its local cement plants this week -- a step it called flagrantly illegal ... Cemex called the confiscation of its assets a "flagrant violation" of Venezuela's Constitution and its expropriation laws, and said Venezuela's offer of US 650 million in exchange for its local operations "significantly undervalues its business in Venezuela." ... Government... (Sioux City Journal, IO)
Venezuela seizes Cemex assets Aug 21, 2008
Cemex (NYSE: CX) has operations the Phoenix and Tucson areas as well as other U.S. border states ... Petroleos de Venezuela S.A., the state-run company that operates the South American country's oil business, will be taking over the Cemex operations. (Phoenix Business Journal, AZ)
Socialism: Chavez's Crab Bucket Aug 21, 2008
Socialism: Venezuela's seizure of Cemex assets Monday is more than a typical nationalization of resources ... Like a quasi-military conquest, Venezuelan strongman Hugo Chavez marched in troops to "take back" four Cemex cement plants in the dead of night as part of his nationalization of cement announced in April ... Why was Cemex "defeated". (Investors Business Daily)
Holcim Second-Quarter Profit Drops on U.S. Construction Slowdown, Costs Aug 21, 2008
Chavez seized factories of Mexico's Cemex SAB, the largest cement maker in the Americas, after failing to reach an agreement with that company. Holcim's second-quarter results were also impacted by adverse currency movements and the sale of majority stakes in South African and Egyptian units. (Bloomberg -- Europe)
Venezuela takes over cement units Aug 20, 2008
Venezuela has seized control of plants and offices belonging to Mexican cement giant Cemex, as it proceeds with nationalising its cement industry ... At a political rally on Monday President Hugo Chavez said Cemex would move into state hands - after 60 days of failed negotiations - adding: "These are all steps towards socialism." ... According to reports, supporters waved flags and cheered as the authorities moved in to takeover Cemex's operations. (BBC News -- Americas)
Venezuela Seizes Control of Mexican Cemex Plants Aug 20, 2008
Venezuela seizes Cemex plants as government nationalizes cement companies ... Venezuela's government said Monday it was poised to seize a cement company owned by Mexico's Cemex SAB after failing to reach a deal on terms for its nationalization ... Venezuela's government seized control of cement plants owned by Mexico's Cemex SAB after failing to reach a deal on compensation terms, marking President Hugo Chavez's latest move to nationalize key sectors of the economy. (ABC News -- Wire)
Venezuela cements its control Aug 20, 2008
Venezuela's government extended its control of the economy with accords to take majority stakes in the local units of cement companies Lafarge and Holcim and by physically taking over the factories of Cemex. The government took control of the plants of Cemex, the largest producer in Venezuela, after failing to reach an agreement with the company in at least 10 meetings, Energy Minister Rafael Ramirez said at a midnight ceremony at a Cemex plant in the state of Anzoategui shown on state... (Sydney Morning Herald -- Business)
Cemex Packs Its Bags Aug 20, 2008
The Venezuelan government seized control of cement plants owned by Mexico s Cemex after the country s largest cement producer failed to reach a deal on compensation for the nationalization of its operations. Cemex (nyse: - - ) shares fell 2 ... The Caracas Stock Exchange suspended trading in shares of Cemex Venezuela for 24 hours "to protect the rights of minority investors" amid "events about which there has not been sufficient information," the National Securities Commission said. (Forbes -- Markets)
Venezuela nationalises cement firms Aug 19, 2008
Venezuela has said it will seize local plants and offices belonging to Mexican cement giant Cemex, as it proceeds with nationalising its cement industry. Cemex's Swiss and French rivals Lafarge and Holcim have agreed to hand control of their local subsidiaries to Caracas ... However, a deal with Mexico's Cemex "hasn't been possible", said Venezuelan Vice-President Ramon Carrizalez. (BBC News)
DEUTSCHE PRESSE-AGENTUR Aug 19, 2008
Caracas - Venezuelan troops seized a cement plant owned by Mexico's Cemex SAB after a deal to nationalize the firm failed. Troops occupied the Maracaibo Cemex plant in the western state of Zulia Monday night but plan to take control of all four Cemex. (The Drudge Report)
Chavez Cements Nationalization Drive Aug 19, 2008
Mexico's Cemex did not, and now faces expropriation ... The country's largest cement producer, the Venezuelan subsidiary of Mexico's Cemex (nyse: - - ), failed to come to terms with the government. (Forbes -- Markets)
FACTBOX: Recent nationalization efforts by Venezuela Aug 19, 2008
Venezuela announced the expropriation and seizure of assets held by the Mexican cement giant Cemex, extending President Hugo Chavez's wave of state takeovers meant to create a socialist state ... Chavez in April announced the government takeover of the cement sector, targeting Holcim of Switzerland, Lafarge of France and Cemex ... Venezuela did not reach a deal with Cemex, the nation's largest cement producer, and will expropriate its assets following months of feuding over environmental... (International Herald Tribune -- Business)
Venezuelan gov't nationalizes Mexican cement plant Aug 19, 2008
CARACAS, Aug. 18 (Xinhua) -- The Venezuelan government Monday expropriated the assets of the Mexican cement plant Cemex in the country due to its refusal to give Caracas a majority shareholding ... The Venezuelan government Monday expropriated the assets of the Mexican cement plant Cemex in the country due to its refusal to give Caracas a majority shareholding ... Cemex's expropriation was due to a failure in negotiations to make the company give a majority shareholding to the government,... (Xinhuanet, China)
No deal between Venezuela, Cemex on takeover Aug 19, 2008
CARACAS, Venezuela (AP) - Venezuela's government said it was poised to seize a cement company owned by Mexico's Cemex SAB at midnight Monday after failing to reach a deal on terms for its nationalization ... But as for Cemex, "it hasn't been possible to reach an agreement,'' Carrizalez said. "The period expires tonight, and the next step with this business is expropriation ... "The cement factories pass over to state hands.'' Venezuela agreed to pay US$267 million to Lafarge and US$552 million... (The Star Online, Malaysia -- Business)
Readymix Reports Loss, Says Markets Will Be `Challenging' Into Coming Year Aug 15, 2008
Aug. 15 (Bloomberg) -- , the Irish cement company controlled by Cemex SA, reported a first-half pretax loss of 9. 6 million euros ($14. (Bloomberg -- UK)
GARP-y Stocks to Crush The Market Aug 12, 2008
That said, these stocks could well represent growth and value in five sweet little packages (well, not so little, in the case of Cemex and Goldman Sachs). If the GARP mantra rings true, these stocks could outperform -- even crush -- the market over time. (MSNBC -- Business)
Our Supercomputer Loves These Stocks Aug 10, 2008
Cemex (NYSE: CX) -- Undervalued cement giant operating in more than 50 countries ... Cemex is a Stock Advisor and Global Gains recommendation ... The Fool owns shares of Cemex and has a disclosure policy. (MSNBC -- Business)
Cemex eyes selling Australian pipe business Aug 7, 2008
Mexican building materials giant Cemex SAB, which bought Australia's Rinker Group Ltd. in boom times a year ago for US$14 ... Cemex said 16 concrete pipe and products manufacturing facilities across Australia operating under the Humes brand may be sold ... Humes sold over 580,000 metric tons (640,000 U.S. tons) of product in 2007, generating about 255 million Australian dollars (US$233 million) in revenue, Cemex said. (International Herald Tribune)
Polish Firm Protests Loss of Iraq Bid Jul 31, 2008
Another company, Cemex Global, backed by Jordan-based Shaheen Business & Investment Group, also has filed a protest, charging that the authority improperly evaluated its bid to supply items including rucksacks, rifles, helmets and heavy jeeps for 26 battalions ... Cemex and Bumar questioned whether Nour had accurately represented itself ... I find it difficult for the government to have confidence in a contractor who is going around trying to find a product after the contract is awarded, Cemex... (Yahoo News -- Poland)
FEATURE-East Europeans fear climate policy pinch Jul 28, 2008
"In such a case it would be very hard to conduct business in Poland," said Luis Miguel Cantu, head of Polish operations at global cement maker Cemex. "At the moment we are working at full capacity and we are thinking about investing more, but we will not make any decisions before the CO2 scheme gets sorted out," he added. (AlertNet)
EPA urged to control mercury from cement kilns Jul 25, 2008
CEMEX's RMC Pacific Materials plant in Davenport (Santa Cruz County) ... Jennifer Borgen, a spokeswoman for CEMEX USA, said the plant is in compliance with all requirements regarding mercury. (San Francisco Chronicle)
Deep Value in USG's Slump Jul 24, 2008
For companies with economic moats -- including USG, Vulcan Materials (NYSE: VMC), and Cemex (NYSE: CX) -- healthy survival prospects could translate into deep long-term value. Further Foolishness. (MSNBC -- Business)
