Titan to expand its US footprint with Keystone Cement

Titan Materials’ subsidiary Titan America has entered into an agreement to acquire Keystone Cement.

Keystone operates an integrated cement plant in Bath, in Pennsylvania’s Lehigh valley with a cement capacity of 0.9 Mta, serving a 5.6 Mta market across Pennsylvania, Maryland, Delaware, and Ohio.

Titan Americas has already a significant presence in the East Coast with 2 integrated cement plants in Florida & Virginia with 3.5 Mta cement capacity.

The transaction price is US$ 310m.

Region: USA

Source: CCF2UP

Image source: CCF2UP

The use of materials published on the site is allowed only with the reference to the source (the journal «Cement and its application») and a hyperlink to the quoted material.

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