Titan America meets initial public offering target in Wall Street debut

Titan Cement International SA exceeded a $16 per share target for an initial public offering of its newly designated subsidiary Titan America SA, now listed on the New York Stock Exchange. Proceeds from a 24 million-share pool netted about $228 million for Brussels-based Titan Cement and $136 million for Titan America, where the capital can fund technology or growth investments…

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Eagle Materials co-leads $82M funding round for SCM developer Terra CO2

Sources: Terra CO2 Holdings, Golden, Colo.; CP staff Supplementary cementitious materials process developer Terra CO2 has signed Series B equity commitments totaling $82 million from financial and strategic investors. The latter include Eagle Materials Co., which has secured options for processing installations at three of its cement mills. In pilot scale equipment, Terra CO2 has demonstrated the potential for commercial…

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