It said Rinker Corp has made no secret of its desire to make a big US acquisition and has cited Texas and California as two states where it wants to expand its US operations.
TXI is the largest cement producer in Texas and a big player in California as well as having operations in Oklahoma, Arkansas and Louisiana.
The newspaper said Goldman Sachs JBWere wrote in a research report that the TXI assets would be "a good strategic fit" for Rinker but does not consider TXI as a takeover target.
