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
Quintana Roo, at risk of returning to red on the epidemiological traffic light
QROO, (May 13, 2021).- Quintana Roo.
Mexico faces accelerating inflation amid pandemic
Mexico, Chile, Peru to Keep Key.
Beatriz Gutiérrez Müller, AMLO´s wife gets vaccinated in Mexico City
Through social networks, the president’s wife.
Yucatan has new tourist options to attract more visitors and generate more employment
Mèrida, Yucatàn, (May 13, 2021).- Yucatán.
Young Yucatecan lives the real American Dream, he is accepted in 16 US universities
Mèrida, Yucatàn, (May 13, 2021).- This.
Mérida: In social networks citizens locate a couple who stole an expensive adult toy (VIDEO)
Mèrida, Yucatàn, (May 13, 2021).- The.
Mexico union was losing scrapped GM worker vote
MEXICO CITY (Reuters) – General Motors.
Carnival just extended its sailing pause
Bad news for any eager cruisegoers:.
Joe Biden dispatched a top State Department diplomat to the Middle East
WASHINGTON – The Biden administration dispatched.
‘There will be no reelection, I still have 6 more years …’: López Obrador
He affirms that he will keep.