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Italcementi Group
Kuwait

Country Profile | Company contacts | Facilities

 

Italcementi operates Kuwait through Hilal Cement Company, a Group subsidiary since August 2007and listed on the Kuwait City stock exchange. Hilal Cement is the third largest player in the cement business and manages two cement import terminals in southern Kuwait.

Another agreement was signed in 2008 through to purchase Kuwait German Ready Mix, a ready mixed concrete producer with average annual production of 140,000 m3 in the last three years.
The vertical integration process in the ready mixed concrete has further strengthened after the acquisition of Gulf Ready Mix and Al Mahaliya.
 
The new local production structure combines the operations of Gulf Ready Mix (ready mixed concrete sales of approximately 200,000 m3 in 2007), Al Mahaliya (about 330,000 m3) and Kuwait German Ready mix, making Italcementi Group the Emirate’s largest RMC producer, with 2008 projected overall sales volumes of around 700,000 m3 (a 15% domestic market share).


Production facilities
Companies: Hilal Cement
Terminal: 1
Safat
(As of 31.12.08)
Country profile
Italcementi Group in Kuwait
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Italcementi - Via Camozzi, 124 - 24121 Bergamo, Italy - Tel. +39 035 396 111

 
Last update 13/10/2009 15:00:35