Uzbeksitan: Uzbekistan has put on sale state shares in Kyzylkumcement. According to the State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition, the government wants to sell a 35.9% state shares or 160,658,567 shares in Kyzylkumcement for a total of over US$160m. Sales of the state-owned cement producer will be handled by the block-trading section of Uzbekistan Stock Exchange.
Kyzylkumcement was launched in 1977. It is the largest cement plant in Uzbekistan with a production capacity of 3.1Mt/yr.