Mexican cement imports still stalled

Mexican cement imports still stalled
17 August 2004

Mexico’s federal customs agency has one month to decide whether to let
cement company CDM (Comercio para el Desarrollo Mexicano) unload cargo at
Altamira port, a port official told Bnamericas news. Meanwhile, CDM’s ship, the Mary Nour, has to remain in the east-coast port with its 27,000t of cement aboard, the official said.

The company presented documents in the past week to customs, pressing its
case to unload and eventually sell the cement. The Altamira port official
said CDM tried to import foreign cement without a permit and that if customs
does not extend permission, the Mary Nour will have to turn back.

Mexican investors plus Spain’s Tradeland Commodities and Greece’s Sekur
Holding make up CDM.

Published under Cement News