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Article: Acquisition of TPI Polene Would Strengthen Cemex's Position In Asia.
- Article from:
- Internet Securities
- Article date:
- October 16, 2001
CopyrightCOPYRIGHT 2001 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MEXICO CITY, Oct 16, 2001
The acquisition of a majority stake in Thai cement producer TPI Polene would allow Cemex (BMV:CEMEX, NYSE:CX) to strengthen its position in Asia, said Cemex CFO Hector Medina. The Thai market, he said, is the largest exporter in the region, and the largest supplier to the United States, reported Mexico City daily el Universal. "TPI Polene would allow us to participate in an attractive market that offers long-term potential," said Medina. The possible investment in TPI Polene is consistent ...
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Article: Three tipped for TPI Polene bid, NATION
The Nation (Thailand);
November 18, 1999 ;
700+ words
... ... with Thailand's heavily-indebted TPI Polene plc, as a major group of creditors wants ... control by major existing shareholders. TPI Polene (TPIPL), a cement company which owes ... Germany is the latest potential partner for TPI Polene after Holderbanks was approached about ...
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