ASEC CEMENT is a platform for investments in emerging cement markets in
the Middle East and North Africa Region and was created in November
2005 by Citadel Capital, the MENA region's leading private equity
We plan on having cement
plants in high-growth markets in Egypt, Algeria, Syria, Sudan and
Kurdistan in order to be able to satisfy the continuously increasing
demands for cement in these countries.
ASEC CEMENT is continuing its effort to streamline operations and make
the most of the opportunities that still exist in the region in order
to create value for its customers as well as for its shareholders with
the help of the new management team that combines international
experience and in-depth knowledge of local markets.