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Mexico group to launch new cement company Cementos Fortaleza
MEXICO CITY |
MEXICO CITY Oct 16 (Reuters) - Mexico's privately-held conglomerate Elementia said on Tuesday it will launch a new cement company with a plant that will open in December with an annual output of 1 million tonnes, Elementia's CEO Eduardo Musalem said on Tuesday.
The new company is called Cementos Fortaleza and it will compete against leading Mexican cement maker Cemex.
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