Don't Let the Door Hit You

Don't Let the Door Hit You


A Semen Gresik worker in Indonesia unloads bags of cement.Mexican soap operas have gone over well in Indonesia. Some of its top businessmen have not. After years of wrangling with the local government, dealing with striking workers, broken promises and even executives being held hostage, Cemex  – the Latin American poster child for global expansion and the world's third-largest cement maker – has finally been chased out of Indonesia. Cemex's track record in countries as disparate as Egypt and the UK suggests that the problem may have been more Indonesian than Mexican. Even Exxon-Mobil, with decades of experience operating in hostile political environments, is in a

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial