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.
To expand the scope of its operations, Suez Cement whose the main shareholder is HeidelbergCement the one of the world’s largest building materials companies. With the takeover of the Italian cement producer Italcementi, HeidelbergCement became the number 1 in aggregates production, number 2 in cement, and number 3 in ready-mixed concrete.
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.
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