Titan Cement International exceeded a $16 per share target for an initial public offering of newly designated subsidiary Titan America SA, the company stated. Shares opened at $16.20 for the February 7 New York Stock Exchange trading session and were part of a 24 million-share pool outlined in an investor prospectus.
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PCA Addresses Impact of Proposed Tariffs
The Portland Cement Association (PCA) has weighed in on the national debate over international tariffs proposed by the Trump administration.
Read MoreENG8 Tackles Carbon Emissions
Catalyzed fusion specialists at ENG8 have devised a solution to help tackle the main sources of carbon dioxide emissions in energy, cement and ceramics production by providing a cost-effective, energy solution and turning carbon dioxide capture into a profitable synthetic fuels business, the company stated.
Read MoreBijur Delimon Releases Gear Spray System
Bijur Delimon International released the new state-of-the-art Farval ProTec MAX open gear spray system used to lubricate pinions found in rotary kilns, ball mills, coal mills and heavy-duty gearing.
Read MoreRHI Magnesita Acquires Resco Group
RHI Magnesita, a global supplier of high-grade refractory products, systems and solutions, completed the acquisition of the U.S.-based Resco Group for an enterprise value of $410 million.
Read MoreWCA Highlights Industry Changes
World Cement Association (WCA) President Wei Rushan recently addressed significant transformations shaping the global cement industry.
Read MoreWorld of Concrete Returns to Las Vegas
Cement, concrete and masonry professionals from around the world came to Las Vegas for the World of Concrete trade show, Jan. 21-23 at the Las Vegas Convention Center. Attendees experienced hands-on demos with the latest tech, expert-led sessions on industry trends and best practices, and unparalleled networking opportunities.
Read MoreTitan Cement Takes Next Step Toward Titan America IPO
In a preliminary U.S. Securities and Exchange Commission filing, Titan Cement International documents the portfolio of a new Norfolk, Va.-based entity, Titan America SA, for which it proposes an initial public offering.
Read MoreUSDOT, Jacobs/CH2M Veterans Among Holcim NA Board Prospects
Holcim Chairman Jan Jenisch is the designated chief executive officer of a proposed Holcim North America spin-off business, scheduled for launch by mid-2025 with shares traded on the New York Stock Exchange.
Read MoreCemex to Develop Carbon Capture Center
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has selected a project for funding to develop a pioneering carbon capture, removal, and conversion test center at Cemex’s cement plant in Knoxville, Tenn. The center will serve as a proving ground for innovative carbon capture technologies needed to accelerate deep decarbonization of the cement industry…
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