Cement Industry Investment and Development Company
Established in 2003, the Cement Investment and Development Company, symbolized by SIDCO, focuses on enhancing the cement industry.
Company Objectives
- Optimize asset and investment management within the cement sector while divesting from unprofitable, low-yield, and unrelated businesses.
- Improve and restructure the stock portfolio of companies to boost market share.
- Implement cutting-edge marketing strategies and sales engineering to maintain and expand domestic and export markets, thereby increasing market influence in subsidiary companies.
- Expand production, domestic sales, and exports compared to competitors and establish competitive advantages.
- Enhance capacity, quality, and product diversity taking advantage of existing competitive strengths in subsidiary companies.
- Elevate productivity metrics, strengthen organizational capabilities, and develop human resources both qualitatively and quantitatively in the subsidiaries.
- Revise and improve management structures and practices within subsidiaries.
- Achieve the highest customer satisfaction standards in the industry and become the preferred customer choice.
- Develop and expand technological, scientific, and managerial capacities within the subsidiaries.
- Create an up-to-date and efficient information system through systematic and software advancement in subsidiaries.
- Utilize modern financial tools and strategies for managing the financial resources of subsidiaries.
- Foster synergy and manage the value chain across subsidiaries.
- Optimize fuel and energy management to reduce their cost impact on product pricing in subsidiaries.
- Commit to sustainable environmental practices and lead in social responsibility efforts.