The company was incorporated on 7 th July 1976 with an authorized start-up capital of KD 2.000.000. At present the authorized and fully paid up share capital consists of 62.500.000 shares of KD 0.100 each .

The company performs the following activities :

Import of bulk cement to supply the local market in loose or filled cement (i.e. either in bulk carriers or in bags ) . The types of cement are Ordinary Portland Cement Type I ( OPC) and Sulphate Resisting Cement Type V(SRC) conforming to ASTM-C-150.

 Erection , operations management and rental of stores required for all kinds of cement for distribution .

To invest surplus funds in financial portfolios managed by specialized institutions . The company may also cooperate in any form with other associations which have similar activities or which could assist the company in achieving its objectives in Kuwait or abroad . It may also acquire or take over such companies.

The objects of the company were amended on 30 June 1992 to include trading in construction materials .

The company also supplies deformed steel bars with sizes 8mm , 10mm, 12mm , 14mm , 16mm , 18mm , 20mm , 25mm & 32mm in 12meters length in conformity to ASTM A GRADE 60 .

Article (43) of the articles of association was altered so that the financial year end will be 31 December of each year .