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News Graymont completes acquisition of Makareao lime plant

Graymont completes acquisition of Makareao lime plant

Written by Global Cement staff 21 July 2015
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New Zealand: The third-largest lime producer in the world, US-based Graymont, has bought the Makareao lime plant in Otago from Holcim and took over the facility on 1 July 2015. Graymont, which has extensive interests in Canada, the US and Mexico, has also bought the McDonald's lime plant at Te Kuiti, Waikato, New Zealand.

Graymont Makareao's operations manager Craig Porter said that the lime plants' output had grown over the last two or three years and that he was excited about the new ownership. Staffing at the plant will not be affected.

Holcim's Weston cement plant project was put on hold in 2013 after it decided to import cement into New Zealand and build two new terminals, including one at Timaru, about four months from the completion of the plant. Waitaki Mayor Gary Kircher said that Holcim still owns the Weston site, associated quarries for limestone, coal and sand and consent for the cement plant that could be established there.

Last modified on 22 July 2015
Published in Global Cement News
Tagged under
  • New Zealand
  • Graymont
  • Lime plant
  • Holcim
  • Acquisition
  • Plant
  • GCW210

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