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Message: Looks like Cemex not affected

Looks like Cemex not affected

posted on Apr 07, 2008 10:50AM

From elUniversal.com today:

In a phone conversation with state-run television channel VTV, Chávez explained that some people owning private cement companies in northwestern Zulia state, asked for information about his announcement last Thursday that he would nationalize the cement industry because it was a strategic sector for the country, said the communiqué published by the Communication and Information Ministry, the Venezuelan official news agency ABN reported.

"We are only going to nationalize what was privatized, namely the big cement companies formerly owned by the State and that were virtually given away," Chávez told the cement firms.

 

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