CEMEX: Subject to Litigation Regarding Water Usage in Colombia

CEMEX, S.A.B. de C.V. is subject to litigation regarding water use in a Colombian court.

On June 5, 2010, the District of Bogota’s environmental secretary (Secretaria Distrital de Ambiente de Bogota) issued a temporary injunction suspending all mining activities at CEMEX…

CEMEX: U.S. Unit Accrues $27.6MM at April 30 for Envt’l. Matters

CEMEX, S.A.B. de C.V. says that, as of April 30, 2011, affiliate CEMEX, Inc. and its subsidiaries had accrued liabilities specifically relating to environmental matters in the aggregate amount of about US$27.6 million.

The environmental matters relate to:

– The disposal of…

CEMEX: Still Working w/ EC Officials on U.K., Germany Inquiries

CEMEX, S.A.B. de C.V. continues to cooperate with the European Commission officials in connection with antitrust investigations in the United Kingdom and Germany.

Between Nov. 4, 2008 and Nov. 6, 2008, officers of the European Commission, assisted by local officials, conducted…

CEMEX: U.S. Unit Accrues $34.1MM Envt’l. Liabilities at April 30

CEMEX, S.A.B. de C.V.’s United States subsidiary, CEMEX, Inc. and its subsidiaries, as of April 30, 2010, had accrued liabilities specifically relating to environmental matters in the aggregate amount of about US$34.1 million.

The environmental matters relate to:

– The disposal of…

CEMEX: CEMEX Colombia Party to Case on Activities at El Tunjuelo

CEMEX, S.A.B. de C.V.’s subsidiary, CEMEX Colombia, is party to litigation regarding mining activities at the El Tunjuelo area.

On June 5, 2010, the District of Bogota’s environmental secretary (Secretaria Distrital de Ambiente de Bogota), issued a temporary injunction suspending all…

CEMEX: EPA Probing Several Facilities on NSR Program Compliance

The U.S. Environmental Protection Agency is investigating several of CEMEX, S.A.B. de C.V.’s other facilities in line with a Clean Air Act initiative against the U.S. cement industry.

In 2007, the EPA launched the CAA enforcement initiative. The primary goal of…

CEMEX SAB: Cites $62Mil for Capital Expenses, Cleanup at Dec. 31

CEMEX S.A.B. de C.V.’s environmental capital expenditures and remediation expenses were about US$62 million for the year ended Dec. 31, 2008.

The Company regularly incurs capital expenditures that have an environmental component or that are impacted by environmental regulations. However, the…

CEMEX SAB: Cites GBP125M Expenses for Landfill Sites at Dec. 31

CEMEX S.A.B. de C.V.’s future expenditure on closed and current landfill sites in Great Britain have been quantified on a net present value basis in the amount of about GBP125 million (about US$182 million), and an accounting provision for this…

CEMEX SAB: Records MXN4.785B for Envt’l. Liabilities at Dec. 31

CEMEX, S.A.B. de C.V.’s remediation and environmental liabilities were MXN4.785 billion as of Dec. 31, 2008, compared with MXN4.087 billion as of Dec. 31, 2007.

Nuevo Leon, Mexico-based CEMEX, S.A.B. de C.V.’s sales comes from cement. The Company has an annual…

CEMEX SAB: Latvian Agency Still to Appeal on Cement Plant Permit

CEMEX S.A.B. de C.V. says that a Latvian environmental protection organization (Applicant), as of June 30, 2009, has yet to appeal the Court of Appeal’s ruling over a permit on Company’s cement plant in Latvia.

The Applicant initiated a court administrative…

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