MEXICO CITY (S&P Global Ratings) Sept. 8, 2021--S&P Global Ratings today said that despite Elementia S.A.B. de C.V.'s (now known as Fortaleza Materiales S.A.B. de C.V. [FM]; BB-/Stable/--) recently completely spin-off of its metals and building systems divisions into a newly created company called Elementia Materiales S.A.B. de C.V. (not rated), FM's business and financial risk profiles should remain consistent with the current rating, in our view. With a total cement installed capacity of 6.7 million tons per year (mtpy), MXN12.6 billion in revenues, and MXN 3.4 billion in EBITDA in the last 12 months ended June 30, 2021, FM compares relatively well with other midsize regional cement players such as Cementos Pacasmayo S.A.A. (CPAC: BB+/Stable/--) and Union Andina de