COMPANIES
Aerated Concrete Industries Company
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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
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 2 June 1990 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Ahmad Ghassan Ahmad Saud Al Khaled | individuals | Kuwait | |
| Ghassan Ahmad Saud Al Khaled | individuals | Kuwait |
PORTFOLIO
| Name | Country |
|---|---|
| ACICO Arabian Company | UAE |
| ACICO International Contracting Company | UAE |
| Al Masaken International Real Estate Development Company | Kuwait |
| Ghassan Ahmad Al Khaled and Company | Kuwait |
| Emirates Aerated Concrete Industries Company | UAE |
| Qatar Aerated Concrete Industries Company | Qatar |
| Saudi Aerated Concrete Industries Company | Saudi Arabia |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Ahmad Faisal Sayyed Abdulwahab Al Refaie | Board Member |
| Abdulaziz Ahmad Abdullah Al Ayoub | Chairman |
| Ghassan Ahmad Saud Al Khaled | Vice Chairman |
| Shaheen Abdullatif Al Ghanim | Board Member |
| Walid Ahmad Saud Al Khaled | Board Member |
| Faisal Youssef Jassim Al Majid | Board Member |
| Abdulrahman Ibrahim Al Faris | Board Member |
| MANAGEMENT | Position |
| Houssam Abu Loghd | Chief Financial Officer |
| Ghassan Ahmad Saud Al Khaled | Managing Director |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Manager - Internal Audit, Abu Dhabi, UAE
- Branch Managers - Insurance, Riyadh, Saudi Arabia
- Project Finance Manager, Abu Dhabi, UAE
- Internal Audit Manager, Abu Dhabi, UAE
- Banks Analyst, Dubai, UAE
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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