Friday, October 16, 2009

Mexico's CEMEX Takes Action Against Peru's Anti-Dumping Charges

Peruvian press sources today reported that Mexican cement producer Cemex, SA.B. de C.V. (NYSE:CX), the world's third largest cement producer with 2008 revenues worth US$22 billion, announced plans to take legal action after Peru's competition regulator, Indecopi, disclosed its decision to place anti-dumping charges worth US$62 per ton of cement on Cemex's exports to Peru.

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