DALIAN, China -- The depressed real estate market in China is prompting cement manufacturers to remix their operations, with industry leader China National Building Material Group merging production units and its rivals acquiring smaller players.
Materials
China's cement makers race to consolidate amid property woes
CNBM combines units as Beijing urges industry realignment
A construction site of an apartment under refurbishment in Beijing. China accounts for more than half of the world's cement production and consumption. © Reuters
Read Next
Latest on Materials
