Cemex has reached an agreement in principle for the sale of certain assets in the US to Grupo Cementos de Chihuahua (GCC) for US$400 million. The assets, which would be sold to a US affiliate of GCC, mainly consist of Cemex’s cement plants in Odessa, Texas and Lyons, Colorado, three cement terminals and the building materials business in El Paso, Texas and Las Cruces, New Mexico.