RAK Co. for White Cement & Construction Materials
AADX:RAKWCT0.94
AED
+0.04
(+4.20%)
RAK Co. for White Cement & Construction Materials
ADX:RAKWCT
(Abu Dhabi Securities Exchange)
Recent
price
0.94
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Ras Al Khaimah Co. for White Cement & Construction Materials PSC is a United Arab Emirates-based public shareholding company engaged in the manufacturing, processing, and marketing of white cement, lime products, and related construction materials. Founded in 1980 and headquartered in the Emirate of Ras Al Khaimah, United Arab Emirates, the company operates across the building materials, industrial minerals, and investment segments. Its core product and service portfolio comprises white Portland cement conforming to international ASTM and EN standards; white cement clinker; quicklime and high-calcium calcined lime for industrial, steel, and water treatment applications; hydrated lime for building and chemical processes; limestone aggregates and raw quarried stone; ground calcium carbonate fillers; ready-mix dry mortars; exterior and interior wall plasters; tile adhesives and grouts; and specialized building chemistry formulations. In addition to its industrial operations, the company maintains investment activities across marketable securities, financial instruments, and real estate assets. The company caters to architectural precast fabricators, ready-mix concrete suppliers, masonry contractors, infrastructure developers, and industrial processors across domestic United Arab Emirates markets, the Gulf Cooperation Council region, the wider Middle East, Africa, and South Asia. In recent major developments, UltraTech Cement Middle East Investments Limited, a subsidiary of India-based UltraTech Cement Limited (part of the Aditya Birla Group), completed a major strategic transaction to acquire majority equity ownership and operational control of the company, integrating its production capacity into UltraTech's regional building materials network. Following this ownership transition, the company has executed governance realignments, streamlined procurement and distribution channels across regional export corridors, and initiated plant modernization programs aimed at thermal efficiency, alternative fuel utilization, and emissions reduction across its Ras Al Khaimah manufacturing facilities.