building a STRONGER foundation - Cemex

Competition. As of December 31, 2010, our major competitors in the Philippine cement market were Lafarge, Holcim, Taiheiyo,
Pacific, Northern, Goodfound and Eagle.
Description of Properties, Plants and Equipment. As of December 31, 2010, our operations in the Philippines included two
cement plants with a total capacity of 4.5 million tons per year, one quarry dedicated to supply raw materials to our cement plants,
eight land distribution centers and four marine distribution terminals. We estimate that, as of December 31, 2010, the limestone and
clay permitted proven and probable reserves of our operations in the Philippines had an average remaining life of approximately 17
and 14 years, respectively, assuming 2006-2010 average annual cement production levels.
Cement. For the year ended December 31, 2010, our cement operations represented 100% of net sales for our operations in the
Philippines before eliminations resulting from consolidation.
Capital Expenditures. We made capital expenditures of approximately U.S.$15 million in 2008, U.S.$6 million in 2009 and
U.S.$14 million in 2010 in our operations in the Philippines. We currently expect to make capital expenditures of approximately
U.S.$11 million in our operations in the Philippines during 2011.
Our Operations in Thailand
Overview. As of December 31, 2010, we held, on a consolidated basis, 100% of the economic benefits of CEMEX (Thailand)
Co. Ltd., or CEMEX (Thailand), our operating subsidiary in Thailand. As of December 31, 2010, CEMEX (Thailand) owned one
cement plant in Thailand, with an installed capacity of approximately 1.2 million tons.
The Cement Industry in Thailand. According to our estimates, at December 31, 2010, the cement industry in Thailand had a total
of 12 cement plants, with an aggregate annual installed capacity of approximately 47 million tons, from which the capacity to produce
14 million tons has been temporarily shut down. We estimate that there are six major cement producers in Thailand, four of which
represent approximately 97% of installed capacity and 94% of the market.
Competition. Our major competitors in Thailand, which have a significantly larger presence than CEMEX (Thailand), are Siam
Cement, Holcim, TPI Polene and Italcementi.
Capital Expenditures. We made capital expenditures of approximately U.S.$3 million in 2008 in our operations in Thailand. We
made no significant capital expenditures in our operations in Thailand during 2009, and we made capital expenditures of
approximately U.S.$1 million in 2010. We currently expect to make capital expenditures of approximately U.S.$1 million in Thailand
during 2011.
Our Operations in Malaysia
Overview. As of December 31, 2010, we held on a consolidated basis 100% of the economic benefits of our operating
subsidiaries in Malaysia. We are a leading ready-mix concrete producer in Malaysia, with a significant share in the country’s major
urban centers. As of December 31, 2010, we operated 15 ready-mix concrete plants, four asphalt plants and three aggregates quarries
in Malaysia.
Competition. Our main competitors in the ready-mix concrete and aggregates markets in Malaysia are YTL, Lafarge and
Heidelberg.
Capital Expenditures. We made capital expenditures of approximately U.S.$3 million in 2008, U.S.$1 million in 2009 and
U.S.$2 million in 2010 in our operations in Malaysia. We currently expect to make capital expenditures of approximately U.S.$1
million in our operations in Malaysia during 2011.
Our Operations in Other Asian Countries
Overview. Since April 2001, we have been operating a grinding mill near Dhaka, Bangladesh. As of December 31, 2010, this
mill had a production capacity of 520,000 tons per year. A majority of the supply of clinker for the mill is produced by our operations
in the region. In addition, since June 2001, we have also operated a cement terminal in the port of Taichung located on the west coast
of Taiwan.
As of December 31, 2010, we also operated four ready-mix concrete plants in China, located in the northern cities of Tianjin and
Qingdao.
Capital Expenditures. We made capital expenditures in our operations in other Asian countries of approximately less than
U.S.$1 million in 2008, U.S.$1 million in 2009 and U.S.$1 million in 2010. We currently expect to make capital expenditures of
approximately U.S.$3 million in our operations in other Asian countries during 2011.
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