Titan America, which makes heavy building materials and operates primarily on the U.S. Eastern Seaboard, on Tuesday said it plans to sell 9 million shares at between $15 and $18 apiece in the IPO, for net proceeds of about $130.7 million at the $16.50 midpoint of that range.

Belgium-based cement producer, Titan America, is aiming for a valuation of up to $3.32 billion in its initial public offering (IPO) in New York.