
Displaying items by tag: Anderson Columbia
CRH linked to purchase of Suwannee American Cement
02 October 2017US: Ireland’s CRH is close to agreeing a purchase of Suwannee American Cement from Votorantim Cimentos and Anderson Columbia. The deal is valued at US$750m, according to sources quoted by Bloomberg. However, this is an extremely high value for a single cement plant sale in the US. Suwannee American Cement operates a 1Mt/yr plant at Branford in Florida.
Votorantim Cimentos to sell stake in Suwannee American Cement
27 September 2017US: Votorantim Cimentos is selling its 50% stake in Suwannee American Cement based in Florida. The sale is intended to focus Votorantim’s portfolio and reduce its debts according to the Valor Econômico newspaper. The effects of Hurricane Irma are expected to increase the selling time. Votorantim operates the 1Mt/yr Suwannee cement plant in Branford with Anderson Columbia. The cement producer supplies markets in Florida and Georgia.