August 9, 2021 |
Mexican cement company Cemex will use cash flow to finance a $30 million project to increase by 30% the production capacity of its plant in Rockfort, Jamaica, a source told LatinFinance on Friday.
“The company will use its cash flow, which is part of the company's bolt-on investments strategy,” to fund the project, the source said.
Cemex said on Thursday that the upgrade is scheduled for the second half of 2022, adding in a statement that once the expansion is concluded the plant will increase i
Mexican cement company will dip into its cash flow to finance $30 mln project