February 6, 2014 / 3:50 PM / 4 years ago

Mexico's Cemex sees cement volumes rising in 2014

MEXICO CITY, Feb 6 (Reuters) - Mexico’s Cemex expects 2014 cement volumes to increase in the mid-single-digit range, according to a company presentation to analysts on Thursday.

The company said it plans to spend about $645 million this year. Of that amount, Cemex will spend about $505 million on maintenance and $140 million in strategic investments.

Cemex earlier on Thursday reported a narrower fourth-quarter loss, helped by higher cement sales and prices.

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