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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 238432 [Title] => Cemex to close batching plant [Summary] => Cemex Philippines will close its concrete batching plant in Muntinlupa and cease its operations effective end-February.
The closure is due to the continued losses of this operation resulting from lack of demand for ready-mix products and falling prices.
With a depreciated ready-mix market, concrete volumes dropped significantly from 51,000 cubic meters in 2001 to 30,000 cubic meters in 2003. Combined with a 30 percent decline in product prices during the same period, the company was forced to consider and implement the closure.
[DatePublished] => 2004-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CEMEX CONCRETE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 238432 [Title] => Cemex to close batching plant [Summary] => Cemex Philippines will close its concrete batching plant in Muntinlupa and cease its operations effective end-February.
The closure is due to the continued losses of this operation resulting from lack of demand for ready-mix products and falling prices.
With a depreciated ready-mix market, concrete volumes dropped significantly from 51,000 cubic meters in 2001 to 30,000 cubic meters in 2003. Combined with a 30 percent decline in product prices during the same period, the company was forced to consider and implement the closure.
[DatePublished] => 2004-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
February 11, 2004 - 12:00am
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