HeidelbergCement to acquire Keystone cement plant in Pennsylvania for $151M

HeidelbergCement, through its North American subsidiary Lehigh Hanson, agreed to acquire the Keystone cement plant in Bath, Pennsylvania from Giant Cement (Elementia) for $151 million. The plant has a capacity of 1.1 million tonnes of cement per year.

“With its modernised kiln, healthy customer base and large limestone reserves, the Keystone cement plant is an excellent strategic fit for HeidelbergCement in North America and an important step in strengthening our cement footprint in this key market.”heidelbergmaterials.com

• 3 sources
• heidelbergmaterials.comHeidelbergCement strengthens cement footprint in North America | Heidelberg MaterialsSep 26, 2019
• globalcement.comHeidelbergCement buys American and more - Analysis of Cement Sector News from Global CementDavid Perilli, Global CementOct 2, 2019
• cemnet.comHeidelbergCement - 28 October 2019 | CemNetICR NewsroomOct 28, 2019

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