Cement News tagged under: Cemento Progresso

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Cemex exits Dominican Republic market

06 August 2024, Published under Cement News

Cemex has signed a US$950m agreement for the sale of its operations in the Dominican Republic. The transaction includes an export businesses to Haiti. The agreement has been signed between a Spanish subsidiary of Cemex, as seller, and Cementos Progreso Holdings, SL, through a subsidiary, and its strategic partners, as buyers. The divested assets mainly consist of one cement plant ( 2.4Mta San Pedro de Macorís plant) in the Dominican Republic consisting of two integrated production li...