18/05/2012 21:35
 
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Ciments Français
Ciments Français in Kuwait

Ciments Français operates in Kuwait through Hilal Cement Company, a Group subsidiary since August 2007 and 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 Al Mahaliya and Gulf Ready Mix.
The new local production structure combines the operations of Gulf Ready Mix, Al Mahaliya et Kuwait German Ready mix making Ciments Français the Emirate’s largest RMC producer.


HILAL CEMENT COMPANY KSCC
P.O. Box 20732 Safat
13068 Kuwait
Tel. + 965 22257720
Fax + 965 22257727/9


Production facilities

Companies:

Hilal Cement
Al Mahaliya Ready Mix
Gulf Ready Mix
Kuwait German Ready Mix

Batching units: 9
Terminals 2
(As of 31.12.11)

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 Ciments Français in Kuwait
Ciments Français Highlights
Revenues
Revenues

3,886.3 M €
4,040.3 M €

Recurring EBITDA
Recurring EBITDA

702.4 M €
880.0 M €

EBITDA
EBITDA

721.3 M €
870.5 M €

EBIT
EBIT

309.3 M €
497.8 M €

Net profit
Net profit

274.2 M €
317.9 M €

Employees

15.537


As of 31.12.11

As of 31.12.10
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Ciments Français profile
Charter of Values

 
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Last update 16/05/2012 15:35:11  UTC