================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
_______________________
Date of Report: February 10, 2005
CEMEX, S.A. de C.V.
-------------------
(Exact name of Registrant as specified in its charter)
CEMEX Corp.
-----------
(Translation of Registrant's name into English)
United Mexican States
---------------------
(Jurisdiction of incorporation or organization)
Av. Ricardo Margain Zozaya #325, Colonia del Valle Campestre
Garza Garcia, Nuevo Leon, Mexico 66265
------------------------------------------------------------
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F ___
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes ____ No X
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):
N/A
================================================================================
================================================================================
Contents
1. Press release issued by CEMEX, S.A. de C.V., dated February 8, 2005,
announcing that it has signed an agreement to sell certain U.S.
assets to Votorantim Participacoes S.A. (attached hereto as exhibit
1).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
CEMEX, S.A. de C.V. has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
CEMEX, S.A. de C.V.
(Registrant)
Date: February 9, 2005 By: /s/ Rafael Garza
---------------------------------
Name: Rafael Garza
Title: Chief Comptroller
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
1 Press release issued by CEMEX, S.A. de C.V., dated February
8, 2005, announcing that it has signed an agreement to sell
certain U.S. assets to Votorantim Participacoes S.A.
EXHIBIT 1
Media Relations Investor Relations Analyst Relations
Jorge Perez Abraham Rodriguez Ricardo Sales
(52 81) 8888-4334 (52 81) 8888-4262 (212) 317-6008
[CEMEX logo graphic omitted]
CEMEX SIGNS AGREEMENT TO DIVEST U.S. ASSETS
MONTERREY, MEXICO, February 08, 2005 - CEMEX, S.A. de C.V. (NYSE: CX) announced
today that it has signed an agreement with Votorantim Participacoes S.A. for
the sale of certain CEMEX assets in the Great Lakes region of the U.S. The
waiting period with respect to the transaction under the Hart-Scott-Rodino
Antitrust Improvements Act has expired.
Votorantim is acquiring the Charlevoix and Dixon-Marquette cement plants, and
certain distribution terminals located in the Great Lakes Region.
CEMEX began evaluating alternatives to divest these assets at the beginning of
2004, after reviewing its strategic position in the U.S. The transaction will
be structured as a sale of assets. The closing of this transaction is subject
to the satisfaction of customary conditions precedent, and it is expected to
occur during the first quarter of 2005. CEMEX will keep its distribution
terminal located in Detroit. The value to be realized from the Votorantim
transaction is expected to approximate U.S.$ 389 million.
Total production capacity of both cement plants is close to 2 million metric
tons a year and has represented approximately nine percent of the current
operating cash flow generation of CEMEX's U.S. business.
CEMEX is a leading global producer and marketer of cement and ready-mix
products, with operations concentrated in the world's most dynamic cement
markets across four continents. CEMEX combines a deep knowledge of the local
markets with its global network and information technology systems to provide
world-class products and services to its customers, from individual
homebuilders to large industrial contractors. For more information, visit
www.CEMEX.com
###
This press release contains forward-looking statements and information that are
necessarily subject to risks, uncertainties and assumptions. There can be no
assurance that the transaction will close or that it will close on the terms
described above. CEMEX assumes no obligation to update or correct the
information contained in this press release.