building a STRONGER foundation - Cemex

Our Operations in Nicaragua
Overview. As of December 31, 2010, we owned 100% of CEMEX Nicaragua, S.A., or CEMEX Nicaragua, our operating
subsidiary in Nicaragua. As of that date, CEMEX Nicaragua leased and operated one cement plant with an installed capacity of
0.6 million tons. Since March 2003, CEMEX Nicaragua has also leased a 100,000 ton milling plant in Managua, which has been used
exclusively for petcoke milling.
The Cement Industry in Nicaragua. According to our estimates, approximately 0.6 million tons of cement, approximately
103 thousand cubic meters of ready-mix concrete and approximately 3.5 million tons of aggregates were sold in Nicaragua during
2010.
Competition. Two market participants compete in the Nicaraguan cement industry: CEMEX Nicaragua and Holcim (Nicaragua)
S.A.
Description of Properties, Plants and Equipment. As of December 31, 2010, we operated one fixed ready-mix concrete plant
and three mobile plants, three aggregates quarries and one distribution center in Nicaragua.
Capital Expenditures. We made capital expenditures of approximately U.S.$4 million in 2008, U.S.$0.7 million in 2009 and
U.S.$5 million in 2010 in our operations in Nicaragua. We currently expect to make capital expenditures of approximately U.S.$3
million in our operations in Nicaragua during 2011.
Our Operations in Puerto Rico
Overview. As of December 31, 2010, we owned 100% of CEMEX de Puerto Rico, Inc., or CEMEX Puerto Rico, our main
subsidiary in Puerto Rico. As of December 31, 2010, CEMEX Puerto Rico operated one cement plant, with an installed cement
capacity of approximately 1.2 million tons per year. As of that date, CEMEX Puerto Rico also owned and operated 11 ready-mix
concrete plants, one aggregates quarry and two land distribution centers.
The Cement Industry in Puerto Rico. In 2010, cement consumption in Puerto Rico reached 0.8 million tons.
Competition. The cement industry in Puerto Rico in 2010 was comprised of two cement producers: CEMEX Puerto Rico, and
San Juan Cement Co., an affiliate of Italcementi, and Antilles Cement Co., an independent importer.
Capital Expenditures. We made capital expenditures of approximately U.S.$5 million in 2008, U.S.$0.9 million in 2009 and
U.S.$2 million in 2010 in our operations in Puerto Rico. We currently expect to make capital expenditures of approximately U.S.$7
million in our operations in Puerto Rico during 2011.
Our Operations in Guatemala
Overview. In January 2006, we acquired a 51% equity interest in a cement grinding mill facility in Guatemala for approximately
U.S.$17 million. As of December 31, 2010, the cement grinding mill had an installed capacity of 500,000 tons per year. In addition,
we also owned and operated three land distribution centers and a clinker silo close to a maritime terminal in the City of Guatemala, as
well as four owned ready-mix plants and one rented ready-mix plant.
Capital Expenditures. We made capital expenditures of approximately U.S.$4 million in 2008, U.S.$0.4 million in 2009 and
U.S.$2 million in 2010 in Guatemala, and we currently expect to make capital expenditures of approximately U.S.$1 million in
Guatemala during 2011.
Our Operations in Other South American, Central American and Caribbean Countries
Overview. As of December 31, 2010, we held 100% of Readymix Argentina S.A., which operates five ready-mix concrete plants
in Argentina.
We believe that the Caribbean region holds considerable strategic importance because of its geographic location. As of
December 31, 2010, we operated a network of eight marine terminals in the Caribbean region, which facilitated exports from our
operations in several countries, including Mexico, Dominican Republic, Puerto Rico and the United States. Three of our marine
terminals are located in the main cities of Haiti, two are in the Bahamas, and one is in Manaus, Brazil. We also have a non-controlling
interest in two other terminals, one in Bermuda and another in the Cayman Islands.
As of December 31, 2010, we had non-controlling positions in Trinidad Cement Limited, with cement operations in Trinidad
and Tobago, Barbados and Jamaica, as well as a non-controlling position in Caribbean Cement Company Limited in Jamaica, National
Cement Ltd. in the Cayman Islands and Maxcem Bermuda Ltd. in Bermuda. As of December 31, 2010, we also held a 100% interest
in CEMEX Jamaica Limited, which operates a calcinated lime plant in Jamaica with a capacity of 120,000 tons per year. As of
December 31, 2010, we also held a non-controlling position in Societe des Ciments Antillais, a company with cement operations in
Guadalupe and Martinique.
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