Mexico: Grupo Cementos de Chihuahua (GCC) expects its sales growth to decline in 2015 after record revenues in 2014 as low oil prices constrict demand in the US, the company's top market. GCC treasurer Luis Carlos Arias said that after a nearly 20% sales spike in 2014, the company expects only single digit growth in the US in 2015, which accounts for about 70% of total sales. Demand in Mexico is expected to fall slightly.
Grupo Cementos de Chihuahua sees slowdown as US oil sector dips
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