Mitsubishi UBE Cement Corp. (MUCC) is planning to go public end of this year, five years after being formed by Mitsubishi Materials Corp. and UBE Corp (photo: MUCC Kyushu cement plant). For the initial public offering (IPO) project, MUCC is working closely with joint global coordinators Citigroup Inc., Mizuho Financial Group Inc., Morgan Stanley and Nomura Holdings Inc. MUCC applied for a listing on the Tokyo Stock Exchange earlier last month, without specifying the timing or the amount to be raised. Deliberations are still ongoing and details on the IPO may change.