Central Asia Cement
| Central Asia Cement
|
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|---|---|
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| legal form | Corporation |
| founding | September 23, 1953 |
| Seat | Aqtau , Kazakhstan |
| management | Javier Del Ser Perez ( Chairman of the Board of Directors ) |
| sales | 8.7 billion tenge (2009) |
| Branch | Building materials |
| Website | www.cac.kz |
Central Asia Cement is a cement manufacturer from Kazakhstan based in Aktau . The company was founded in 1933.
It is listed on the Kazakh Stock Exchange . The Malaysian holding company Steppe Cement Ltd owns 100 percent of all shares.
According to the company, the cement manufacturer's sales fell to around 11 billion tenge in the 2008 financial year . In the following year, sales fell again to around nine billion tenge.
history
The first plans to build a cement plant in the Karagandy area existed as early as 1933. In April 1946, the Ministry of Economics of the Soviet Union commissioned the GiproCement Institute to build such a plant, designed for a production of 300,000 tons of cement.
Karagandacement production began on September 23, 1953. Another production line was added in 1956. The fourth line started production in November 1958. In 1971 the plant in Aqtau was expanded to include a further production line, which increased the production capacity to one million tons of cement . Line six was added just five years later.
In the mid-1990s , a total of four production lines were shut down. In 1997 the last two remaining production lines finally shut down.
When it was privatized in 1996, Karagandacement was reorganized into a stock corporation and renamed Central Asia Cement on May 15, 1998.
With the beginning of the new millennium, the company's economic boom began. From 1999 to 2001, in addition to one production line, four more were put back into operation. The reactivation of lines five and six are planned. After completion of the expansion measures, the aim is to achieve a production capacity of 2.1 million tons per year.
Web links
- Official Website of Central Asia Cement (English)
- Official website of Steppe Cement Ltd (English)
Individual evidence
- ↑ Kazakh Stock Exchange : Business Review 2009 (Russian; PDF; 30.2 MB)
- ↑ Kazakh Stock Exchange : Central Asia Cement JSC ( Memento of the original from March 15, 2009 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (English)
- ↑ Kazakh Stock Exchange: Business Review 2008 (English; PDF; 4.2 MB)
