India: Penna Cement has filed for a US$211m initial public offering (IPO) with the Securities and Exchange Board of India (SEBI). It plans to use the funds for expansion and to reduce its debts, according to the Economic Times newspaper. the cement producer is planning to increase its production capacity to 16.5Mt/yr by 2020 with projects in Odisha and Kolkata. At present it holds a capacity of 10Mt/yr in Andhra Pradesh, Telangana and Maharashtra.
Jordan Cement Company in legal dispute over land
Jordan: Jordan Cement Company is in a legal dispute with local landowners over land ‘illegally’ acquired near its Fuheis plant. The plaintiffs argue that forgery was used by the company in acquiring land, according to Roya TV. The subsidiary of Switzerland’s LafargeHolcim operates two integrated plants, at Fuheis and Rashadiyah.
Kyrgyz president opens cement plant in Aravan
Kyrgyzstan: President Sooronbai Jeenbekov has opened a cement plant in Aravan as part of a trip to the Osh region, according to the 24 Kg News Agency. The US$88m project was previously reported as having a cement production capacity of 2500t/day.
Construction works starts on Angren cement plant in Uzbekistan
Uzbekistan: An event marking the laying of the foundation stone at the Angren cement plant has taken place. Construction work is scheduled to be completed by November 2019. The project is a joint venture between Russia’s Eurocement Group and UzQurilishMateriallari.


