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CX, CEMEX - DrStockPick.com Stock to Watch!
[July 13, 2010]

CX, CEMEX - DrStockPick.com Stock to Watch!


DrStockPick.com is pleased to announce its Stock to Watch! We encourage investors to join the FREE daily e-mail alerts by visiting: http://www.drstockpick.com/signup CEMEX, S.A.B. de C.V. (NYSE: CX) reported the signing of a supply contract with “Consorcio Grupo Unidos por el Canal”, the primary contractor for the construction of the third set of locks of the Panama Canal expansion project. The supply contract calls for approximately 500 thousand tons of cement.



The CEMEX contract represents an integral phase of the Canal expansion project, which includes two locks, the excavation of access channels to the new locks and the widening and deepening of navigational channels.

Over the past two years, CEMEX has invested approximately $300 million in its Panamanian operations, including its plant where it has tripled its cement production capacity. With this expansion, CEMEX will successfully satisfy the needs of building materials of the Panama Canal expansion project and the requirements of the projects that are part of Panamanian Government's investment plan.


About CEMEX, S.A.B. de C.V.

CEMEX is a global building materials company that provides high-quality products and reliable service to customers and communities in more than 50 countries throughout the world. CEMEX has a rich history of improving the well-being of those it serves through its efforts to pursue innovative industry solutions and efficiency advancements and to promote a sustainable future.

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