(Reuters) - That is well up from an earlier forecast of a 4 percent
decrease, despite a U.S. housing construction slowdown, because
80 percent of Rinker's operations are in the United States.
"Rinker's consolidation during the second half of the year
will have a positive contribution to our volumes in the United
States. As such, we expect our reported cement volume for the
full-year 2007 ... to grow in the mid-single-digit range,"
Hector Medina, Cemex's planning and finance chief, told an
analysts' conference call.
Read more at Reuters.com Market News
decrease, despite a U.S. housing construction slowdown, because
80 percent of Rinker's operations are in the United States.
"Rinker's consolidation during the second half of the year
will have a positive contribution to our volumes in the United
States. As such, we expect our reported cement volume for the
full-year 2007 ... to grow in the mid-single-digit range,"
Hector Medina, Cemex's planning and finance chief, told an
analysts' conference call.
Read more at Reuters.com Market News
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