U.S LIME MARKET ANALYSIS
Recent Developments
On May 4, 2023, the company announced that to satisfy increased lime demand in the Victoria region and other burgeoning markets in eastern Australia. Graymont Limited will entail an upgrade and expansion of Graymont’s existing lime plant in Traralgon, Victoria.
United States Lime & Minerals, Inc.
On February 9, 2022, as mentioned in the annual report the company acquired Mill Creek, a dolomite mining and production company located in Mill Creek, Oklahoma, for US$ 5.6 million cash. The company believes that these acquisitions will complement its existing geographic footprint.
Lhoist
In May 2020, Lhoist North America expands its lime production capacity. The new vertical kiln, which is expected to be operational in 2021, is primarily driven by growing demand for Lhoist's high-purity dolomitic lime products in the steel industry.
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