On 26.05.2016, Cemex, S.A.B. de C.V. announced that it has closed the sale of its operations in Bangladesh and Thailand to Siam City Cement Public Company Limited for approximately US$ 53 million. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes.
Cemex is a global building materials company that provides high quality products and reliable service to customers and communities in more than 50 countries. Celebrating its 110th anniversary, Cemex has a rich history of improving the wellbeing of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future.