Titan America SA Completes Acquisition of Keystone Cement Company

Titan America SA has completed the acquisition of Keystone Cement Holdings, Inc. and Keystone Cement Company LLC, referred to as Keystone Cement. This acquisition is expected to expand Titan America's geographic reach and strengthen its strategic positioning in the Mid-Atlantic region. Keystone Cement adds approximately 990,000 short tons per year of clinker production capacity and substantial mineral assets with an estimated 50-year supply. Titan America's CEO, Bill Zarkalis, stated that the acquisition aligns with the company's long-term growth strategy by increasing domestic cement production capacity at an attractive valuation. Keystone Cement's operations and assets will enhance Titan America's presence in high-demand markets and strengthen its Mid-Atlantic segment. The press release also includes forward-looking statements regarding the company's future operations, financial condition, and growth, subject to various risks and uncertainties.