McInnis Cement owners consider sale options

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Canada: Caisse de dépôt et placement du Québec (CDPQ), the owner of McInnis Cement, has hired advisors to consider options for the cement producer including a sale or bringing in a new investor. No final decision has been made and the pension investment management company may decide to keep McInnis Cement, according to sources quoted by Bloomberg. CDPQ took control of the McInnis Cement project in 2016 following cost overruns and delays. The plant eventually opened in mid-2017.

Last modified on 10 January 2018

URL: https://www.globalcement.com/news/item/6934-mcinnis-cement-owners-consider-sale-options

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