Michael Haack, Eagle Materials President and Chief Executive Officer, commented, “This transaction represents the sale of non-core assets on the heavy-side of our company. In using the term ‘non-core’ I mean that they do not provide essential support to our primary cement plant network. We are especially keen on having the most strategically coherent set of heavy-side assets established in advance of our previously announced spin-off. These divestitures along with the integration of the Kosmos cement plant acquisition, create a focused heavy materials business with a broad capability to serve US heartland cement markets.”
Tags:US cement news

Emily Thomas
Deputy Editor
Emily joined Palladian Publications in October 2019 after graduating from the University of Birmingham with a degree in English Language. She is now working as a Deputy Editor for World Fertilizer and Oilfield Technology magazine.
Outside of work, Emily enjoys going to gigs, sipping on cocktails, and adding to her ever-expanding collection of houseplants and cacti.



