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President Tokayev visits $99mn ALACEM cement plant, praises industrialization milestone.
Tajikistan President Emomali Rahmon Visited Mohir Investment LLC
Tajikistan President Emomali Rahmon graced the Mohir Cement LLC’s grand opening ceremony, joined by over 500 government and state officials. During the visit, President Emomali praised the high quality of the company’s gypsum plasterboard products and emphasized his support. This event underscores President Emomali ‘s endorsement for the company’s commitment to quality and its ambitious […]
International Cement Group sees revenue advance 14% YoY
International Cement Group (ICG), which operates cement plants in Tajikistan and Kazakhstan, has reported revenue of SGD257.4m (US$191.4m) in 2023, up 14 per cent on the SGD225.2m seen in the previous year.
International Cement Group reports FY2022 earnings of $28.9 mil, 10% higher y-o-y
International Cement Group KUO -5.88% has reported earnings of $17.9 million for the 2HFY2022 ended Dec 31, 2022, 34% higher than earnings of $13.3 million in the 2HFY2021.
International Cement Group increases stake in Kazakh subsidiary by 15% for $23.8 million
International Cement Group has further acquired a 15% stake in Sharcem, a cement plant and the group’s subsidiary in the Republic of Kazakhstan, for a total consideration of US$17 million ($23.8 million).
International Cement Group sets up joint venture to construct a cement plant in Kazakhstan
The JV company will oversee the construction of a new dry process cement clinker production line with a daily production of 3,500 tonnes of clinker in the Jambyl region.
Compact Metal Industries reborn as International Cement Group, embarks on ambitious growth in cement production
The listed entity once known as Compact Metal Industries has pivoted from a struggling aluminium parts maker into a cement producer called International Cement Group. ICG plans to set up cement plants across parts of the developed world. By the end of the current financial year ending Dec 31, 2019, it expects to own stakes […]
International Cement Group to acquire cement plant in Kazakhstan for $22 mil
International Cement Group (ICG) plans to acquire cement-related assets in Kazakhstan for a cash consideration of KZT 7.07 billion ($22.11 million).
