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And that's come after strong numbers from the world's second- largest cement-maker.
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Its website lists it as one of Spain's largest cement producers.
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It is also the fourth largest cement company in Brazil itself.
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The world's third- largest cement maker declined to provide additional details about Medina's departure.
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Athi River Mining, the country's third largest cement maker, is already installing power generation plants.
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Cemex, the world's third- largest cement maker, said Medina opted for an early-retirement scheme for executives.
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One of the world's largest cement producers, Cemex operates in more than 50 countries around the world.
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France's Lafarge, the world's largest cement maker, is one company that will benefit from the coming boom.
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Cimpor is Brazil's fourth largest cement producer.
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LAFARGEHOLCIM The world's largest cement maker is revamping its management structure to make countries more accountable for results.
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His eponymous Dangote Group owns sugar refineries, salt processing facilities and Dangote Cement, the continent's largest cement producer.
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A 147-year-old firm, Shapoorji boasts the tallest residential building in India and the largest cement clinker plant in Asia.
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The Jilin Yatai Group is one of the largest cement groups in China and is listed on the Shanghai Stock Exchange.
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Mexico's Cemex, the largest cement maker in the United States, said on Thursday the U.S. housing downturn has yet to reach bottom.
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Holcim, the world's largest cement maker, will publish its annual result for 2013 on February 26, 2014.
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Cemex, the world's third- largest cement maker, is trying to pay off a huge debt load as it struggles with slumping global sales.
