CEMEX confirms preliminary talks with Portuguese government
May 29, 2000
CEMEX, S.A. de C.V. (NYSE: CX) confirmed today that it has had preliminary discussions with representatives of the government of Portugal to explore business opportunities in the near or medium term with CIMPOR, a Portuguese based international cement company. The conversations do not warrant any further comment at this time.
VCEMEX is one of the three largest cement companies in the world, with approximately 65 million metric tons of production capacity. It is also the worlds largest trader of cement and clinker and the worlds leading producer of white cement. CEMEX is engaged in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker through operating subsidiaries in four different continents. For more information visit www.cemex.com.