Euclid Chemical Co. acquired Chryso’s North American cement grinding aids and additives business.
The acquired technologies are sold to cement manufacturers to enhance the performance of cement and to reduce CO2 emissions during its production.
“This is a strategic acquisition that more closely aligns Euclid Chemical with the cement industry, while complementing our strong offering in the concrete industry,” said Tom Gairing, Euclid Chemical president. “In addition, the sustainability benefits of these products support customer demand for more environmentally friendly solutions, as well as our mission to build a better world for all of our stakeholders.”
Terms of the transaction were not disclosed.
