Hilal Cement Co.

What Hilal Cement Co. does

Hilal Cement Company K.S.C.P. is a Kuwait-based vertically integrated cement and ready mix concrete operator, established in 1984 and headquartered in Kuwait City. The company imports, stores, and distributes bulk cement through two import terminals in southern Kuwait — including Barge 'Hilalcement I', a 70,000-tonne floating terminal described as one of the largest in the world, and a 42,000 Mt flat storage terminal with PLC-controlled dust-free handling and 2,000 bags/hour bagging capacity. It produces approximately 500,000–700,000 tonnes of cement per year and, through three wholly-owned ready mix concrete subsidiaries (Al Mahaliya, Kuwait German Ready Mix, and Gulf Ready Mix), approximately 700,000 m3 of ready mix concrete annually, giving it roughly 10% share of the Kuwaiti ready mix market.

The product portfolio comprises two cement types (Ordinary Portland Cement and Sulfate Resisting Cement, both conforming to ASTM C 150) and six specialized concrete products (Ordinary, Sulphate Resistance, Waterproof, Screed, Mortar, and Self-Compacted Concrete) — supporting applications ranging from standard structural pours to waterproof tanks and heavily reinforced elements where vibrators cannot be used. The company serves governmental authorities and commercial/industrial customers in Kuwait as an officially approved supplier, executing challenging pours via on-site mobile batching facilities. It is ISO 14001:2015 certified and employs more than 330 staff.

The business generates revenue through one-time transactional sales of bulk cement and ready mix concrete to B2B customers in Kuwait, with pricing negotiated on a per-project basis (not publicly disclosed). The company was listed on the Kuwait Stock Exchange from 1998 until voluntarily de-listing on 2 March 2022; ownership is now concentrated with Boodai Group of Companies (94% following Suez Cement's divestiture to Sliver Share Real Estate Company in January 2021). The company has no AI/ML or digital product surface and operates entirely within Kuwait.

Name

Hilal Cement Co.

Legal name

Hilal Cement Company K.S.C.P.

Website

https://hilalcement.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

Hilal Cement is a Kuwait-based cement importer and ready mix concrete producer, serving government and commercial construction projects through two import terminals and three vertically integrated ready mix subsidiaries, with ~10% Kuwaiti ready mix market share.

Ownership category

akta.pro rank

Product category

Cement and Ready Mix Concrete Manufacturing

NAICS

Cement Manufacturing (327310), Ready-Mix Concrete Manufacturing (327320)

SIC

Cement, Hydraulic (3241), Concrete Products, Except Block & Brick (3272)

akta.pro primary industry

Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)

akta.pro secondary industry

Ready-Mix Concrete Production & Delivery (IMADAAAA)

Keywords

• Cement import distribution
• Ready mix concrete
• Portland cement supply
• Concrete batching plants
• Bulk cement storage

Headquarters

HQ city

Kuwait

HQ country

Kuwait

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Cement Import, Storage and Distribution: Hilal Cement generates revenue through the import, storage, and distribution of bulk cement. The company operates cement import terminals and manages all downstream distribution operations in Kuwait.
2. Ready Mix Concrete Production and Sales: Through its wholly-owned subsidiary Al Mahaliya and acquired companies (Kuwait German Ready Mix and Gulf Ready Mix), Hilal Cement produces and supplies ready mix concrete. Products are sold through commercial outlets and on-site mobile batching facilities. The group produces approximately 700,000 m3 of ready mix concrete annually.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Hilal Cement Company imports, stores, and distributes bulk cement in Kuwait through two cement import terminals (including one of the world's largest floating stations), and produces ready mix concrete via its wholly-owned subsidiary Al Mahaliya and acquired companies (Kuwait German Ready Mix and Gulf Ready Mix). The company sells Ordinary Portland Cement and Sulfate Resisting Cement products, and six specialized concrete formulations including ordinary, sulfate-resistant, waterproof, screed, mortar, and self-compacted concrete, producing approximately 700,000 m3 of ready mix concrete annually.

Product overview

Hilal Cement Company operates as a cement import, storage, and distribution company with vertical integration into ready-mixed concrete production. The product portfolio consists of two cement products (Ordinary Portland Cement and Sulfate Resisting Cement) and six specialized concrete products (Ordinary Concrete, Sulphate Resistance Concrete, Waterproof Concrete, Screed Concrete, Mortar, and Self-Compacted Concrete). The cement products are traded and distributed, while the concrete products are manufactured through the company's subsidiary Al Mahaliya Ready Mix Concrete and its acquired companies (Kuwait German Ready Mix and Gulf Ready Mix), producing approximately 700,000 m3 annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Ordinary Portland Cement Hydraulic cement produced by pulverizing clinker consisting essentially of hydraulic calcium silicates, with calcium sulfate as an interground addition. Conforms to ASTM C 150 specifications. Used when special properties for any other type are not required. Supplied to construction and infrastructure customers in Kuwait.
• Sulfate Resisting Cement Portland cement (Type V) produced by pulverizing clinker consisting essentially of hydraulic calcium silicates with calcium sulfate as interground addition. Used where high sulfate resistance is required. Conforms to ASTM C 150 specifications. Supplied to construction and infrastructure customers in Kuwait.
• Ordinary Concrete Ready mix concrete using ordinary cement for structures above ground, with cube strength from 100 to 600 kg/cm2. Special materials such as micro silica, slag, or fiber glass can be added according to design mix. Produced and supplied by Al Mahaliya Ready Mix Concrete, Kuwait German Ready Mix, and Gulf Ready Mix.
• Sulphate Resistance Concrete Concrete resistant to sulfate salts using ground sulfate-resistant cement, with cube strength from 100 to 600 kg/cm2. Special materials such as micro silica, slag, or fiber glass can be added as required by design mix. Produced and supplied by the Hilal Cement Group's ready mix companies.
• Waterproof Concrete Waterproofing concrete based on standard concrete types with addition of special insulation materials. Used in swimming pools and water tanks. Produced and supplied by the Hilal Cement Group's ready mix companies.
• Screed Concrete Concrete mixture with aggregate size less than 10 mm. Used to protect insulation and as an alternative to tiles on building surfaces for draining rainwater. Produced and supplied by the Hilal Cement Group's ready mix companies.
• The Mortar Mixture of sand and cement in defined proportions, supplied upon request. Primarily used to protect insulation. Produced and supplied by the Hilal Cement Group's ready mix companies.
• Self-Compacted Concrete Type 1 and 2 ready mix concrete using polycarboxylate admixture instead of super plasticizer. Used for structural elements with heavy reinforcement where vibrators cannot be used. Produced and supplied by the Hilal Cement Group's ready mix companies.

Quantifiable outcome

• 500,000–700,000 tonnes of cement produced per year
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Al Mahaliya Ready Mix ConcretecoreStrategic or Co-development Partner · 1 January 2008Hilal Cement acquired 51% of Al Mahaliya Ready Mix Concrete in 2008, strengthening vertical integration. Al Mahaliya was already established in 1983 and is now a wholly-owned subsidiary of Hilal Cement Company.
• Kuwait German Ready MixcoreStrategic or Co-development Partner · 1 January 2008Hilal Cement acquired 51% of Kuwait German Ready Mix in 2008 as part of vertical integration strategy in the ready mix concrete sector.
• Gulf Ready MixcoreStrategic or Co-development Partner · 1 January 2008Hilal Cement acquired 51% of Gulf Ready Mix in 2008 as part of vertical integration strategy in the ready mix concrete sector.
• Ernst & Young (Office Al Aiban, Al Osaimi & Partners)minorOthersOffice Al Aiban, Al Osaimi & Partners - member of Ernst & Young serves as the company's external auditor, confirmed in the 2021 financial reports section of the website.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Gulf Cement Company: Kuwait-headquartered cement manufacturer supplying the Kuwaiti and regional construction market. Direct competitor in hydraulic cement, sharing Hilal's reliance on Kuwaiti public-sector and infrastructure demand.
• Kuwait Cement Company (KSC): One of the largest integrated cement producers in Kuwait, manufacturing clinker and cement domestically. Direct comparable to Hilal in product mix and Kuwaiti end-market, and the most obvious domestic competitor for both bulk cement and ready-mix concrete.
• ACICO Industries: Kuwaiti building-materials group producing cement, concrete blocks, and other construction products. Comparable as a domestic supplier serving the same governmental and private construction customers across overlapping product categories.

Broad incumbents

• Holcim: One of the world's largest cement and ready-mix producers with a significant Middle East presence. Comparable vertically integrated cement-to-concrete model and benchmark for global cement-industry margin and capital-intensity assumptions.
• CEMEX: Global building-materials company with cement, ready-mix concrete, and aggregates operations. Useful as a global comparable for the integrated cement-to-concrete business model and trading multiples.
• Heidelberg Materials: Global cement, aggregates, and ready-mix concrete major; previously Hilal's ultimate parent via Italcementi (2016–2021). Provides a global benchmark for cement economics and was historically the controlling shareholder, so strategic and operational practices overlap.

Regional players

• Saudi Cement Company: Major Saudi Arabian cement producer exporting clinker and cement across the GCC. Comparable in scale and product but operates primarily in Saudi Arabia; a potential regional exporter competing with Hilal's imported cement supply.
• Qatar National Cement Company: State-linked integrated cement producer in Qatar serving domestic and export GCC markets. Comparable cement product and scale profile, but primarily serves the Qatari market rather than Kuwait.
• Arabian Ready Mix Concrete: Regional ready-mix concrete producer operating across the GCC. Comparable in concrete product mix and downstream value-chain position to Hilal's Al Mahaliya / Kuwait German / Gulf Ready Mix subsidiaries.

Others

• Boodai Group (Construction Division): Parent group of Hilal Cement since 2021, holding 94% of shares. Comparable as a diversified regional conglomerate whose construction-related subsidiaries may consume Hilal's cement and concrete internally, illustrating internal-demand synergy potential.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hilal-cement-company

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hilal Cement Co.