Follow us on Twitter      

Latest News

Keyword Search


North / South America

Cemex fined by Antitrust agency over Russia Cement

Feb, 15 2012

(Mexico) -- Cemex SAB was fined 10.2 million pesos ($800,500) by Mexico’s antitrust agency for anticompetitive practice in the blocking of a 2005 shipment of cement from Russia, it's been reported, citing the regulator.

Cemex said the decision is unfounded and the company will appeal, Reuters reported, citing the company. A group of competitors tried to import 26,000 tons of the cement, which was cheaper than Cemex’s product, it's been reported.

The ship carrying the cement, the Mary Nour, was held in port for months before being turned away, Reuters said.


Bookmark and Share
0 Comment(s)
Add Your Comments

UK: Job threatened as concrete goes off in delayed trucks

Site managers at Laing O’Rourke’s site in Oxford, England, have been forced to turn back truck loads of concrete ruined in traffic delays caused by roadworks. More

Cemex’s health and safety practices recognised in Europe

Cemex’s United Kingdom and Latvia operations earned industry awards for their outstanding health and safety practices. More

Advertise Here