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Cemex announces Philippines investment

May 14, 2015 9:18 AM ETCEMEX, S.A.B. de C.V. (CX) StockCXBy: Yoel Minkoff, SA News Editor1 Comment
  • Cemex's (NYSE:CX) new $300M investment in the Philippines will see the construction of a new 1.5M-ton, integrated cement-production line at its Solid Plant in Luzon.
  • The investment will double the capacity of the Solid plant, representing a 25% increase in the company's cement capacity in the Philippines.

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