Cemex to expand Odessa on the back of Texan oil boom

摘要

In the first announcement of its kind in the United States since the onset of the current economic downturn, the Mexican multinational cement producer Cemex has announced that it plans to expand the production capacity at its Odessa, Texas cement plant by 0.345Mt/yr to nearly 0.9Mt/yr, The company will expand the plant in order to keep pace with rapidly growing demand in its West Texas market, which is led mainly by the oil and gas industry. By using existing assets and producing value-added products, the company expects to achieve strong returns on its investment.