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Malayan Cement

Malayan Cement To Acquire YTL Cement’s Malaysian Cement and Ready-mix Concrete Operations

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Malaysia: YTL Cement Bhd, a subsidiary of YTL Corp Bhd, today inked an agreement to sell its entire cement and ready-mixed concrete operations in Malaysia to its 76.98%-owned subsidiary Malayan Cement Bhd, for RM5.16 billion in a cash and stock deal. In the press statement, under the agreement, Malayan Cement…

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Semen Indonesia

Semen Indonesia To Exports Up To 1Mt To North America In 2021

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Indonesia: Semen Indonesia has detailed its plans for future exports of cement to North America. It was reported in The Investor Daily newspaper that the producer and subsidiary Solusi Bangun Indonesia will target 0.5 – 1Mt of cement exports to North America in 2021, according to president director Hendi Santoso.…

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