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GLG News by Building Materials Industry Experts

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April 27, 2007
What's Next in Construction Materials Industry Consolidation?
Analysis of: Rinker Backs New Cemex Bid | online.wsj.com
Author: GLG Expert Contributor
Now that the Cemex-Rinker deal appears headed for completion with the increased bid by Cemex, it leads one to ponder the future of the consolidation process in the construction materials industry. There is reason to believe that the consolidation process will remain active, but there could be some...
April 9, 2007
Cemex-Rinker--What's Next?
Analysis of: Cemex's Rinker Bid Gets U.S. Approval:Offer May Rise | www.bloomberg.com
Author: GLG Expert Contributor
Now that the Cemex-Rinker deal has received U. S. regulatory approval, it appears that the path is clear for bringing finality to the acquisition of Rinker. But the question remians by whom and for how much?
April 3, 2007
OSB Market Trends
Analysis of: OSB - Southern Capacity Glut | www.marketwire.com
Author: Russell Kennedy, President and Chief Executive Officer, Enap, Inc.
OSB producers are investing in an off cycle time frame which will put increased pressure on pricing.US Housing market trends are not supporting OSB producers investments and the outlook looks like it will continue for another 15 - 18 months before any shift will occur.OSB value added products are niche...
March 28, 2007
The Changing Complexion of the Construction Materials scene in Florida (and beyond)
Analysis of: American Cement gets heavy-hitter Oldcastle as partner | cementamericas.com
Author: GLG Expert Contributor
  Why are the construction materials giants focusing so much attention on Florida? Acquisitions, greenfield cement plants and capacity expansions are being announced with surprising frequency over the past year in Florida (Cemex/Rinker, Vulcan/Florida Rock, Oldcastle/American, Hanson./Civil...
March 19, 2007
Slower Growth Ahead for Construction Materials
Analysis of: Forecast 2007 (Cement) | cementamericas.com
Author: GLG Expert Contributor
The slowdown that began in cement and related construction materials in mid 2006 will extend into 2007 and perhaps beyond, led mainly by the housing slowdown. There are marked regional disparities in the impact of the slowdown, with northern and coastal markets generally weakest and southern and...
February 27, 2007
The Slump in Housing Reflected in Cement Demand Decline
Analysis of: Housing Drop Contributes to Lower Forecast for Cement | www.cement.org
Author: GLG Expert Contributor
If one wasn’t sure how the decline in housing is impacting the construction materials sector, take a look at the trend in cement consumption. There was a notable negative shift that occurred in mid 2006 (earlier in some markets like Northern California), which is likely to continue through 2007. The...
February 26, 2007
Cement Data Confirms Construction Slowdown
Analysis of: Two Hands Needed to Talk About Construction Spending in November, AGC Economist Says | www.agc.org
Author: GLG Expert Contributor
If one wasn’t sure how the decline in housing is impacting the construction materials sector, take a look at the trend in cement consumption. There was a notable negative shift that occurred in mid 2006 (earlier in some markets like Northern California), which is likely to continue throughout 2007....
February 21, 2007
The rage with aggregates in Florida
Analysis of: Vulcan Materials to Buy Florida Rock for $4.6 Billion | www.bloomberg.com
Author: GLG Expert Contributor
 The recent announcement that Vulcan Materials has agreed to buy Florida Rock Industries marks the second mega construction materials deal announced in the last six months. In October 2006, Cemex launched a hostile takeover attempt of Rinker Materials valued at $12.8 Billion and on February 19,...
January 16, 2007
What direction is construction spending headed?
Analysis of: Two Hands Needed to Talk About Construction Spending in November, AGC Economist Says | www.agc.org
Author: GLG Expert Contributor
The latest data on construction spending for November confirms the contrasting stories between residential and non-residential construction. The theme of the November report is likely to be reflected throughout 2007-weak single family housing and stronger multifamily and non-residental construction
January 16, 2007
Cement Industry : A Global Story
Analysis of: World cement consumtion growth expected to continue | cementamericas.com
Author: GLG Expert Contributor
Worldwide demand growth for cement is, not surprisingly being led by developing countries (Asia, Middle East, South America and Eastern Europe). The cement industry has become increasingly global and the big players are international and pursuing growth around the globe. The market effects of this globalization...

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