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Mexico’s Cemex Feeds Kilns A Cheap Refinery Leftover Called Petroleum Coke
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."...
- Source
- The Wall Street Journal
- Region
- Latin America
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6 Truths about Emerging-Market Consumers
They?re brand-aware, savvy shoppers who like mom-and-pop shops more than modern markets, a new pan-Latin study shows. Selling consumer products to Latin America?s 250 million low-income consumers ? men and women who constitute 50 to 60 percent of the region?s population and wield some $120 billion in annual purchasing power ? is more than an attractive opportunity: It is a necessity for large corporations trying to accelerate their growth. ...
- Source
- strategy+business
- Region
- Latin America
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