August 14, 2014 / 5:10 PM / 3 years ago

Mexico's Cemex to build $340 mln plant in Colombia

MEXICO CITY, Aug 14 (Reuters) - Mexican cement maker Cemex on Thursday said it will start building a $340 million plant in Colombia to increase production there by 22 percent to 5.5 million tons per year.

The company's Colombia-based Latam Holdings unit expects the new plant to begin producing cement in the second quarter of 2015, according to a statement.

The plant will be financed with Cemex Latam Holdings' free cash flow, Cemex said. (Reporting by Elinor Comlay; Editing by Chris Reese)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below