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Wednesday, 25 November 2009 | 22:48 UAE time

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Aerated Concrete Industries Company

  • 5.50 Last
  • 0.00 (0.00%) Today's Change
  • 0 Volume
  • 0.00-0.00 52 Week Range
  • 5.50 (0.00%) 52 Week Change
As of 22 Nov 2009 08:16 GMT (Market Closed)

COMPANY DESCRIPTION

Aerated Concrete Industries Company (ACICO) was established in June 1990 as a Kuwait Shareholding Closed Company under license from Hebel International Germany.

The company's plants are located in Shuaibah Industrial Area in the State of Kuwait, UAE, Qatar and Saudi Arabia. Heavy duty, light weight building units of reinforced and non-reinforced concrete are manufactured with the most advanced autoclaves using basic raw materials such as quartz sand, cement and lime.

The company has entered the real estate sector with Al Masaken Company and added a contracting company to its array of businesses. The company has also extended its geographical coverage to be GCC wide.

KEY INFORMATION

Industry

Building Materials, Cement, Precast and Concrete

Address

Floor 5, Al Raed Tower, Ahmad Al Jaber Street, 24079, Kuwait City, Kuwait

T

965 2451564

F

965 2422103

E

info@acico.com.kw

W

www.acico.com.kw

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 2 June 1990 -

MAJOR SHAREHOLDERS

NameCountry
Ahmad Ghassan Ahmad Saud Al KhaledindividualsKuwait
Ghassan Ahmad Saud Al KhaledindividualsKuwait

PORTFOLIO

NameCountry
ACICO Arabian CompanyUAE
ACICO International Contracting CompanyUAE
Al Masaken International Real Estate Development CompanyKuwait
Ghassan Ahmad Al Khaled and CompanyKuwait
Emirates Aerated Concrete Industries CompanyUAE
Qatar Aerated Concrete Industries CompanyQatar
Saudi Aerated Concrete Industries CompanySaudi Arabia

OFFICERS

BOARD OF DIRECTORSPosition
Ahmad Faisal Sayyed Abdulwahab Al RefaieBoard Member
Abdulaziz Ahmad Abdullah Al AyoubChairman
Ghassan Ahmad Saud Al KhaledVice Chairman
Shaheen Abdullatif Al GhanimBoard Member
Walid Ahmad Saud Al KhaledBoard Member
Faisal Youssef Jassim Al MajidBoard Member
Abdulrahman Ibrahim Al FarisBoard Member
MANAGEMENTPosition
Houssam Abu LoghdChief Financial Officer
Ghassan Ahmad Saud Al KhaledManaging Director

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