Ceratech Inc. has accepted another strategic equity investment, this time from Colombian cement powerhouse Cementos Argos. The Ceratech investment follows Argos’ recent expansion of its United States presence through a $760 million purchase of Lafarge assets in the Southeast U.S.
Ceratech’s cement manufacturing process produces technologically advanced, durable, sustainable cements by utilizing a mix that includes 95 percent waste fly ash generated by electric utilities.
The two companies will cooperate to develop and distribute Ceratech’s cement through Argos’ established ready-mix channels throughout the mid-Atlantic, Southeast and Southwest U.S. markets.
www.argos.com.co
www.ceratechinc.com
