Kuwait Cement Co. - KCEM

Activities

Established in 1968, Kuwait Cement Company is a Kuwaiti Public Shareholding Company. Since its inception, the Company has been operating according to strategic planning, sharp insight, and a distinct feel for the needs of the local market and clients. The Company has contributed profoundly to the progress of the industrial and urban renaissance in the country since the sixties. This matter enriched its experience in various industrial and investment domains. Moreover, the Company has always been marked by offering new products to the local market and growing progressively in terms of size of production and product quality, relying on its expertise, long history, numerous achievements, and great clients' trust in its high-quality national products.

Kuwait Cement was established according to an Amiri Decree on 05/11/1968, with a capital of 2.5 Million Kuwaiti Dinars, which was increased gradually until it reached at present 73.4 Million Kuwaiti Dinars, paid in full. It is considered the only industrial Company in the country that produces the clinker and completely manufactures the cement. The Company's capital is owned by the government of the State of Kuwait, which is represented by the Public Authority for Investment; National Industries Holding Group, Al-Rashed Trading, and Industrial & Contracting Company. The remainder is owned by citizens, investment companies, portfolios, and national institutions. Kuwait Cement has constructed two kilns for the production of clinker (the raw material used in cement manufacturing). The first kiln began operation in year 2001, while the second in year 2013, together with the associated mills, heat exchangers, clinker storage silos, and other advanced technological equipment and machinery. The Company also established three Kuwaiti closed shareholding companies as subsidiaries: Shuwaikh Cement Company, Amwaj International Real Estate Company and Kuwait Cement Ready-Mix Concrete Company. The objective of doing so is to complement the purposes for which the Company was incorporated, and in line with its Memorandum of Incorporation and Articles of Association. The Company also constructed a plant for the storage and sale of the Ordinary and Resistant Cement Type 5, which is situated at West Shuaiba District - Abdullah Port, with operational capacity of 6000 tons / day with the aim to facilitate access for large number of clients to receive their needs of bulk cement manufactured in Kuwait Cement's plants and to provide them with better services.

Moreover, the Company lends great attention to attracting larger number of national manpower, both administrative and technical, so as they would assume their role in the development and progress of the industrial sector in the country.