Sharjah Cement and Industrial Development Co.
AADX:SCIDC1.40
AED
+0.01
(+0.72%)
Sharjah Cement and Industrial Development Co.
ADX:SCIDC
(Abu Dhabi Securities Exchange)
Recent
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1.40
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- Business
- Sharjah Cement and Industrial Development Co. (PJSC) is a United Arab Emirates-based diversified industrial manufacturing company primarily engaged in the production and marketing of cementitious building materials, paper packaging, and synthetic rope products, alongside commercial real estate leasing and investment activities. Founded in 1977 and headquartered in Sharjah, United Arab Emirates, the company operates as the sole cement manufacturer in the Emirate of Sharjah, running its core manufacturing facilities out of the Al Sajaa Industrial Area across three principal operating divisions: Sharjah Cement Factory, Paper Sacks Factory, and its subsidiary Gulf Rope & Plastic Products Co. LLC. The company offers a comprehensive range of products and services organized into distinct business segments: cement products, including Ordinary Portland Cement (OPC grades 42.5N and 52.5N), Sulphate-Resisting Portland Cement (SRPC), Moderate Sulphate-Resisting Portland Cement (MSRPC), Ground Granulated Blast-furnace Slag (GGBS), Blast Furnace Cements (CEM III/A and CEM III/B), American Petroleum Institute (API) Specification 10A-certified Class A and Class G Oil Well Cements, and quarry products such as limestone and siltstone; paper packaging solutions, consisting of multi-wall pasted and glued valve-type kraft paper sacks designed for the automated packing of cement, chemicals, fertilizers, minerals, and dry food commodities; synthetic rope and polymer products marketed under the FALCON brand name, comprising polypropylene ropes, polyethylene cords, high-tenacity baler twines, and extruded plastic packaging products; and real estate and investment operations, encompassing the leasing and management of industrial and commercial properties as well as investments in regional equities and private securities. The group serves domestic construction and industrial sectors across the United Arab Emirates and exports its manufactured products to regional markets throughout the Middle East, Africa, and the Indian subcontinent. In recent developments, Sharjah Cement and Industrial Development Co. achieved a comprehensive financial turnaround, returning to sustained revenue and net profit expansion supported by enhanced domestic realization prices and increased export volumes. Operationally, the company has implemented energy-efficiency and plant modernization measures across its clinker and grinding lines, integrated alternative fuels and low-carbon cementitious materials to lower the carbon intensity of its cement output in accordance with UAE industrial decarbonization mandates, and expanded the production efficiency of its packaging and synthetic rope divisions to meet growing regional infrastructure demand.