ICG subsidiary acquires cement-related assets in Kazakstan

Mainboard-Listed International Cement Group (ICG) has announced that its subsidiary Sharcem has entered into a sale and purchase agreement to acquire cement-related assets in Kazakhstan on an “as-is” condition.
Relisted International Cement eyes demand in rapidly developing countries

International Cement Group (ICG), formerly Compact Metal Industries, is looking to set up more cement plants in Central Asia, Africa and South-east Asia, targeting especially regions that benefit from China’s Belt and Road initiatives.