MEXICO CITY (Reuters) – Mexican cement company Cemex will suspend its operations in the country until at least April 30 in line with government guidelines aimed at stopping the spread of coronavirus, the firm said in a statement on Monday April 6th.
Cemex, which has operations in more than 50 countries, said it has improved its financial situation with a $1.135 billion revolving credit line and by receiving almost $500 million from asset sales. It added that it is also evaluating postponing certain investments in fixed assets that had been considered for this year.
CEMEX is a Mexico based company focused on creating sustainable value by providing industry-leading products and solutions to satisfy the construction needs of their customers around the world. It is one of the world’s most efficient and innovative building materials company.
(Reporting by Raul Cortes Rodriguez; Editing by Kirsten Donovan)
more recommended stories
“Asociación de Cantineros” emerges strong in Merida
As a response to what they.
8-year-old girl suffers burns in Uayma, Yucatán and is urgently taken to a Texas hospital
Michou and Mau Foundation helps with.
Inclusive Entrepreneurship Fair will be held in December at Mérida´s ADO CAME former bus station
MÉRIDA, Yucatán, (October 16, 2021).- Work for.
Shooting at the Mexico City International Airport, 1 dead and 2 injured
Eduardo Beaven was preparing to make.
La Palma volcano unleashes ‘lava tsunami’
6,800 people evacuated as eruption becomes.
World Food Day: The Huge Global Waste
Mexico City, (October 16, 2021).- Food.
An elevated viaduct will be built to connect with the Progreso High Port
Progreso, Yucatán, (October 16, 2021).- In.
Different factors are fueling Mexico’s inflation
MEXICO CITY, Oct 14 (Reuters) –.
New US land border policy announced for both Mexican and Canadian borders
After nearly 20 months of restrictions.
Central bank Deputy Governor Jonathan Heath says “Mexico Prices Are Gaining at ‘Phenomenal’ Pace”
Bloomberg) — Mexico’s consumer prices are.