Mexican building materials giant
Sales of cement and aggregates are likely to rise by around 5% in Mexico during 2015, claims Gonzalez, who also believes national concrete sales will rise above that figure this year.
Cemex will invest around US$800 million in fixed assets in 2015, including $500 million that will be spent on maintenance and $300 million that will be spent on strategic assets. It plans to sell assets worth between $1 billion and $1.5 billion in the next 12 to 18 months.
Gonzalez says Cemex will pay off at least $500 million in debts in 2015. It will also cut debt costs by $100 million.