Cemex uses cash for Guatemala expansion

Cemex uses cash for Guatemala expansion

Central America Guatemala Mexico Capital Markets Project & Infrastructure Finance

Mexican cement company Cemex will use cash flow to finance $25 million in investments to increase production at its plant in Guatemala by 125%, a source told LatinFinance on Friday. "In this type of investment, we are using the company's resources from cash flow, which is part of the bolt-on investments strategy," the source said. Cemex said on Wednesday that it will build a new cement grinding mill at its plant in Puerto San José on the Pacific coast and increase production to 900,000 metric to

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