Mexico’s Cemex Feeds Kilns A Cheap Refinery Leftover Called Petroleum Coke
Wednesday, September 1, 2004
“Cemex’s success in reducing its energy expense offers an unusual lesson in global business, showing what a developing-world company can do when forced to deal with competition from the developed world. In some cases the difficult operating environments of emerging markets — economic turbulence, high borrowing costs, creaky infrastructure and corruption — can act as a rigorous corporate boot camp, breeding the kind of innovation that makes for lean competitors on the world stage.” Read full article here.
Source: The Wall Street Journal
