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.
ABOUT CEMEX
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)
Comments
more recommended stories
Merida Airport averages 8,300 daily passengersPrior to the start of the.
More than 20 Mérida subdivisions are located in areas of high risk of floodingMany of these subdivisions are very.
90 million pesos to be invested in the Cozumel AirportThe Manager of the Cozumel airport,.
One dead after another hunting accident in YucatanOn Sunday, June 26th, a 67-year-old.
Democrats who could run for president in 2024Joe Biden’s universal name ID helped.
Three systems in the Atlantic forming around the Yucatan PeninsulaForecasters are watching a disturbance in.
Kanasín police officers prevent a man from committing suicide on a Periférico bridgeA man climbed the bridge located.
Alvaro Leyva, a negotiator between the Marxist FARC rebels and the Colombian government announced as new cabinet memberColombia’s leftist president-elect Gustavo Petro named.
Rudy Giuliani is assaulted by a grocery store employee In Staten IslandControversial former New York City Mayor.
Yucatan’s Ie-Tram transport system will be the only one of its kind in all of Latin AmericaMexico’s Yucatán governor Mauricio Vila has.
Leave a Comment