Euclid Chemical Completes Business Acquisition
Last week, concrete and masonry construction products manufacturer Euclid Company announced that it had completed the acquisition of Chryso’s North American cement grinding aids and additives business.
Terms of the transaction were not disclosed.
According to Euclid’s emailed press release, the acquired technologies are sold to cement manufacturers to enhance the performance of cement and to reduce CO2 emissions during its production.
“This is a strategic acquisition that more closely aligns Euclid Chemical with the cement industry, while complementing our strong offering in the concrete industry,” said Euclid Chemical President Tom Gairing.
“In addition, the sustainability benefits of these products support customer demand for more environmentally friendly solutions, as well as our mission to build a better world for all of our stakeholders.”
Recent Company News
In February, Euclid Chemical announced the launch of three new concrete admixtures.
The announcement was originally received at World of Concrete—the concrete industry’s largest event for building professionals. According to Euclid Chemical, the three high-performance concrete admixtures are developed to respond to the rapidly evolving needs of construction and concrete professionals.
The new admixtures include Eucoshield, Eucon Eco-Strength and Eucon Am-10L.