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4
th
Issue | 2015
NEWS
ACICO
..
Sponsors Al-Qadisiya 2
nd
International Basketball
Championship
ACICO
..
Opens the Interlock Tiles Production Line
ACICO
..
Acquires an Industrial Company
2
پ
Handing a memorial shield to
ACICO
by the championship administration
پ
Portion of the matches
ACICO
Industries participated
in
sponsoring
Al-Qadisiya
2
nd
International Basketball
Championship
with
the
participation of a number of
major Arab teams.
The Lebanese Al-Hekma Team
won the championship.
On this occasion, Eng. Ahmad
Al-Kaled,
ACICO
Cement COO,
expressed his great pleasure
with this sponsorship which
emphasizes
ACICO
’s support to
various sports activities and its
concern to bolster ties with the
sports’ sector, Al-Khaled also
emphasized the need to plant
sports values in the various
community strata due to the
importance of sports in our lives.
Eng. Ahmad Al-Khaled,
ACICO
Cement COO, announced that
the company has launched a
new production line to produce
the interlock tiles. The line uses
state-of-the art devices and
machinery.
Products comply with local and
international standards. This
step, he added, aims to reinforce
the integration strategy begun by
the company several years ago.
Al-Khaled expressed his great
belief in the interlock industry
ability to achieve big success due
to their high quality coupled with
the extraordinary construction
activity currently in Kuwait which
requires providing and availing
construction products of various
types.
Eng. Ghosson Al-Khaled,
ACICO
Industries COO, announced the
success of a subsidiary company,
namely,
ACICO
Constructions, in
acquiring the Industrial Building
and Construction Company (IBC).
The name has now been changed
to
ACICO
Industries for Pre-Cast
Buildings and Construction.
This acquisition step falls within
the context of a success track
which the ExecutiveManagement
seeks
to
achieve
through
acquiring important assets that
strengthen the company position
and status both in the domestic
and foreign markets.
Eng. Al-Khaled added that this
step may be described as a real
opportunity that will be utilized
through an overall update of
the existing facility to achieve
the targets in the industrial and
construction scopes to conform
to the company’s plans and
shareholders’ aspirations.