Suez Cement Company - Italcementi Group

Suez Cement was established in 1977, is the largest grey cement producer in Egypt with a production capacity of four million tons of cement per year. The company started its activities by building its first plant in Suez followed by the Kattameya plant with total investments of about L.E. 1.7 billion. Both plants operate using the dry method with whitewash and primary heating. The company serves the domestic market and exports its products to Arab, African and European markets as well.
In August 2005, Suez Cement Company purchased around 99% of ASEC Cement Company (currently Helwan Cement Company), listed on the Cairo and Alexandria Stock Exchange. This acquisition was executed in collaboration with other local and international partners for a global investment of around $605 million. This transaction allowed Suez Cement to strengthen its leadership in Egypt.

The Company's capacity has resulted in the production of over 12 million tons of clinker per year. This amount is produced by five plants that employ almost 3,500 fixed employees. This results in a domestic market share of roughly 30% for grey cement and 50% for white cement.

To expand the scope of its operations, Suez Cement- whose the main shareholder is Italcementi Group the fifth world cement producer- recently completed a business verticalization with the purchase of a majority stake in Ready Mix Beton, Egypt’s leading ready-mixed concrete producer.

Serving as a testament to our will are our investments in the ready-mix concrete sector and aggregates, our studies to invest in the field of admixtures for cement and concrete, premix mortars products and hydraulic limes.