Skip to main content

US securities commission investigates new cement plant in Colombia

Published by , Editor
World Cement,

According to the latest Reuters report, Cemex has announced that it has received a subpoena from US Securities and Exchange Commission (SEC) seeking information to determine whether there have been any violations of the US Foreign Corrupt Practices Act (FCPA).

Cemex have announced that the subpoena is related to irregularities reported by Cemex regarding the new cement plant being built by Cemex Colombia.

The company has said that at this point it is unable to predict the duration, scope, or outcome of the SEC investigation or any other investigation that may arise.

Cemex does not expect this matter to have a material adverse impact on its consolidated results of operations, liquidity or financial position.

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Cemex news


World Cement is not responsible for the content of external internet sites.