_

About Us

Who We Are?

Established in 1968, Kuwait Cement Company (KSCP) 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 county 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.
Key notes about Kuwait Cement Company:

  • It 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 is represented by the Public Authority for Investment, which is represented by three members of the Board of Directors.
  • National Industries Holding Group is represented by two members of the Board of Directors.
  • Al-Rashed Trading, Industrial & Contracting Company, represented by one member of the Board of Directors.
  • The remainder is citizens, investment companies, portfolios, and national institutions. The
    The company is listed on the Kuwait Stock Exchange and is subject to the law of Public Fund, and it is required to submit regular reports to the Audit Bureau.
  • The Company 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 established three Kuwaiti closed shareholding companies as subsidiaries, which are 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 bulk 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 our plants and to provide them with better services.
    • Management of the Company is assumed by a Board of Directors comprising ten members. The Executive Management is headed by a Chief Executive Officer and his deputy, and both work on implementing the Board's policy in accordance with the Company's purposes and articles of association. 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.

    Social Responsibility

    Kuwait Cement Company has consistently set a benchmark among industry peers in its commitment to social responsibility, actively striving to enhance its role within the community. This commitment is integral to the Company’s mission and objectives, emphasizing social development as a fundamental pillar. Some of the notable accomplishments of the Company, while not exhaustive, include the following:

    Historical Overview

    2018
    • The Company obtained the certificate of the American Petroleum Institute (API) for its production of Oil Well Cement used in the oil fields and petroleum services, together with launching a promotional advertisement campaign in local and foreign newspapers, social media networks, and electronic search engines to make the new product known and highlight it to the local and international markets.
    • Commenced the first steps in the project of upgrading the software mechanism of the Information Technology Department at the Company, which will be applied to all its departments and sections to advance the systems to the international level.
    2017
    • Commenced the production of White Cement at the Cement Plant, after being stopped from production in year 2011 due to the escalating demand for the Ordinary Poltrand Cement. This type of cement will be supplied to the State’s development projects as well as the industrial companies.
    • The company that belongs to Shuwaikh Cement Company.
    • Shuwaikh Stone Crusher (a branch of a Gulf company) acquired another large stone crusher from the Austrian SBM Company, to be added to the first stone crusher. The first stone crusher is of production capacity ranging from (16) to (20) Thousand Tons per day and had commenced production in March 2018. As such, the total production capacity for both stone crushers will exceed (40) Thousand Tons per day.
    • Development of work of the cement mills at the plant, from open circuit into closed circuit in order to increase their operational efficiency and also improve the quality of cement in terms of the degree of strength and increase of production capacity, as well as saving electrical energy being used. This action will be followed by gradual development of work for all mills to operate with closed circuit.
    • Following up with the concerned Government authorities to obtain the necessary licenses to burn the used shredded tires as a substitute fuel for the Clinker kilns, as the Clinker constitutes an essential substance in the manufacturing of cement. Similarly, following up with one of the European international companies specialized in supplying equipment to feed the kilns with substitute fuel.
    2016
    • The Company performed a successful field experiment to burn (700) shredded tires equivalent to (10) Thousand tires approximately, in the kiln of the Clinker as substitute fuel. The said experiment was conducted in coordination with the Public Authority for Environment, Public Authority for Industry, and  Fraunhofer Institute for Environmental, Safety, and Energy  Technology UMSICHT – based in Germany. The experiment did not result in any adverse environmental impacts. The said experiment involved a theoretical and practical training course for several staff from both the Public Authority for    Environment and the Public Authority for Industry.
    • Increased the capital of the subsidiary company “Amwaj  International Real Estate Company” from KD. 1,000,000 to KD.  3,000,000.
    2015
    • Reconciliation of the Company’s status by amending some items in the Articles of Association following the Commercial Companies Law No. (25) of the year 2012 and its amendments and Executive Bylaw.
    • As per the requirements of Governance Rules, three committees derived from the Board of Directors were established, namely the Audit, Committee, Risk Management Committee, and the Nomination & Remuneration Committee.
    • Development of two units, namely the Risk Management Unit and the Internal Audit Unit, which will be administratively reporting to the Executive Management, and also appointed a manager as well as Conformity & Compliance officer for each unit.
    2014

    By mid of year 2014, the operation of the second kiln for the production of Clinker was complete, with a production capacity of (8)      Thousand Tons/day i.e. (2.5) Million Tons/year, accordingly the total production capacity increased beyond 5 Million Tons annually.

    _

    Our Projects

    What We Do?

    Ownership Disclosure of Major Shareholders

    Full Name
    Disclosure type
    Percentage %
    Published on
    Al-Rashid Trading and IndustryDirect7.46%23 December 2011
    National Industries Group Hold. & Group (Ikarus Petroleum Industries Co., Noor Financial Investment Co., Pearl National Hold. Co. & Al-Durra Real Estate Co.)Direct & Indirect27.37%26 September 2018
    Kuwait Investment AuthorityDirect14.63%18 October 2023
    Waqf of the Late Abdulaziz Abdulmohsin Al-RashedDirect6.15%18 September 2024