Cemex unaffected by Tsunami in Southeastern Asia

Cemex unaffected by Tsunami in Southeastern Asia
Published: 28 December 2004

Cemex, the world’s third largest cement maker, does not expect its operations in southeastern Asia to be affected by the devastating tsunami, which resulted from the worst earthquake in the past 40 years in the region, the company said on December 27, 2004. Cemex holds a minority stake in Indonesia’s state cement maker Semen Gresik, which operates four plants in Indonesia. Cemex also operates a plant in Thailand, a mill in Bangladesh and some sea terminals in the region.