Overview
HeidelbergCement has management contracts with a cement plant in Ras al-Khaimah and a sales company in which we hold a share of 40 %.
(Data as of 1 July 2006)
The market
The management agreement with the local owners of the 1.2 million tonne cement plant in Ras al-Khaimah has been in existence since 1975. In 1980, the joint venture Union Cement Norcem was established, to sell and distribute oil well cement to the countries surrounding the Persian Gulf.