Puerto Rico: Cemex Puerto Rico has extended its contract with the Puerto Rico Ports Authority by 20 years. The subsidiary of Mexico-based Cemex uses Pier 16 of the Port of San Juan. Joel A Pizá Batiz, the executive director of the port authority, said that data from the Development Bank Economic showed that country had a cement demand of 590,000t in 2020. He added that Cemex’s investment in the local economy was over US$400m and it injects US$20m/yr into the local economy. Cemex operates the Ponce plant in Puerto Rico. It switched to grinding cement in 2018.
Cemex Puerto Rico extends contract with Puerto Rico Ports Authority
URL: https://globalcement.com/news/item/13566-cemex-puerto-rico-extends-contract-with-puerto-rico-ports-authority
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