February 7, 2013 / 3:46 PM / in 4 years

Mexico's Cemex sees $700 mln capital spending in 2013

1 Min Read

MEXICO CITY, Feb 7 (Reuters) - Cemex, one of the world's largest cement companies, expects to spend about $700 million on capital investments this year, a company executive told analysts on a conference call.

About $525 million of that will be for maintenance and $175 million for "strategic capex," said Fernando Gonzalez, executive vice president for finance and administration.

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