Mexico's Elementia to buy 55 % of Giant Cement
Published by Joseph Green,
Editor
World Cement,
Mexico's Elementia, a cement maker partly owned by billionaire Carlos Slim, has announced that it has signed a letter of intent to purchase 55% of Giant Cement Holdings Inc.
In a statement, Elementia announced that Giant has operations in the east coast of the United States, including three cement plants, three limestone quarries and six terminals.
"The Giant acquisition will grant Elementia access to the third biggest cement market in the world," the company said.
Read the article online at: https://www.worldcement.com/the-americas/18102016/mexicos-elementia-to-buy-55-of-giant-cement/
You might also like
The World Cement Podcast - Understanding AI in Cement
The World Cement Podcast welcomes Scott Ziegler, CEO of CemAI to explore the role of AI in the cement industry, how to keep staff engaged with the transition, and the importance of cybersecurity.
Tune in to the World Cement Podcast on your favourite podcast app today.
