Cemex to Expand Texas Plant

Cemex, S.A.B. de C.V. plans to expand the production capacity at its Odessa, Texas, cement plant by 345,000 metric tons (t) to nearly 900,000 tpy in order to keep pace with rapidly growing demand in its West Texas market led mainly by the oil and gas industry. By leveraging existing assets and producing value-added products, the company expects to achieve…

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Cementos Pacasmayo 1Q Results

Cementos Pacasmayo S.A.A., a leading Peruvian cement company, has reported a 13 percent increase in its net income to $17.1 million for the first quarter of 2013 (ended March 31) from $15.1 million in the same period in 2012. The company’s cement sales volume increased 6.5 percent from the prior-year quarter.

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