Cemex sees US cement prices up 5-6% in 2014

Cemex expects US cement prices to increase between 5% and 6% on average in 2014, a spokesman said on Wednesday.

Mexican cement prices should rise between 3% to 5% this year, the spokesman said.

Separately, chief executive Fernando Gonzalez said the company planned to participate in between 5 and 7 electricity generation projects under Mexico’s energy reform, which opened up the state-controlled sector this year to greater private investment.

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