Titan America SA completed the acquisition of Keystone Cement Holdings, Inc. and Keystone Cement Company LLC (together, “Keystone Cement”), a Pennsylvania-based cement manufacturer and aggregates producer.
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Titan America entered into an agreement to acquire Keystone Cement Co., a Pennsylvania-based cement manufacturer and aggregates producer, from the Fortaleza, Uniland and Tritadura groups for $310 million.
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Keystone Cement seeks to renew hazardous waste permit and use of railcars to ship the alternative fuel.
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The Pennsylvania Department of Environmental Protection (DEP) is investigating a Keystone Cement facility in East Allen Township for excessive dust, reported local media.
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Two weeks after the Federal Trade Commission (FTC) challenged Lehigh Cement’s planned acquisition of Keystone Cement, the commission said the two rival producers have abandoned the deal.
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The Federal Trade Commission (FTC) is challenging Lehigh Cement’s $151 million acquisition of rival Pennsylvania-based producer Keystone Cement Co., alleging the deal would harm regional competition in the market.
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