PRESS DIGEST- British Business - May 29
May 29 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
MEXICO CITY May 11 Mexican cement maker Cemex is expanding in Southern California to meet increased demand with a distribution terminal in Los Angeles served by rail and a new aggregate loading system for a quarry in Victorville, the company said on Thursday.
Cemex, based in Monterrey, Mexico, said in a statement that it plans to complete the 14-acre terminal - which will lie near several of the Los Angeles area's main freeways - in late 2017.
Cemex, one of the world's biggest cement makers, has a major presence in the United States and said this year it was open to providing quotes to supply raw materials for U.S. President Donald Trump's planned U.S.-Mexico border wall. (Reporting by Sharay Angulo; Editing by Tom Hogue)
* unit entered into arrangements regarding acquisition of a 30% interest in each of PPLs 474, 475, 476, 477 and PRL 39 from Exxonmobil affiliates Source text for Eikon: Further company coverage:
* Novo Resources to invest $2m to earn in to new 50/50 gold exploration, development, mining and collaboration jv in Karratha. Source text for Eikon: Further company coverage: