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 in three plants with a combined capacity of 3.4 million tonnes per year.

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