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.
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Holcim announced its intent to publicly list its North American business in the United States with a full capital market separation. This process “will create the leading pure-play building solutions company in the region,” the company stated.
Read MoreCement and concrete producer GCC announced positive results for the second quarter of 2021. Consolidated net sales increased 18.1% to $286.7 million, while EBITDA increased 18.6% to $97 million, with a 33.8% EBITDA margin. “GCC is off to an excellent first half of the year, we are very pleased with the results delivered – increasing top and bottom-line growth and…
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