CEMEX Announces Construction of Cement Mill in Panama.MONTERREY, Mexico -- CEMEX CEMEX Cementos Mexicanos , S.A.B. de C.V. (NYSE NYSE See: New York Stock Exchange : CX) announced today the construction of a new cement mill A cement mill (or finish mill in North American usage[1]) is the equipment used to grind the hard, nodular clinker from the cement kiln into the fine grey powder that is cement. Most cement is currently ground in ball mills. in its operations in Panama. The construction of the new grinding grinding, process by which surface material is removed from an object, usually metal, by the abrasive action of a rotating wheel or a moving belt that contains abrasive grains. facility is expected to be completed in 2007. The new plant construction is part of a series of investments totaling US$70 million dollars planned for 2005 and 2006, designated to concrete operations and the construction of the new grinding facility. The overall objective of this investment plan is to guarantee the supply of cement in Panama to serve the diverse projects that are currently being undertaken in the country. CEMEX initiated its operations in Panama in 1994 and currently employs more than 600 full-time employees. CEMEX is a growing global building solutions company that provides high quality products and reliable service to customers and communities in more than 50 countries throughout the world. Commemorating com·mem·o·rate tr.v. com·mem·o·rat·ed, com·mem·o·rat·ing, com·mem·o·rates 1. To honor the memory of with a ceremony. See Synonyms at observe. 2. To serve as a memorial to. its 100th anniversary in 2006, CEMEX has a rich history of improving the well-being of those it serves through its efforts to pursue innovative industry solutions and efficiency advancements and to promote a sustainable future. For more information, visit www.cemex.com. |
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