Italcementi

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Italcementi S.p.A.
Type Società per azioni
Traded as BITIT
Industry Building materials
Founded 1864
Headquarters Bergamo, Italy
Key people Giampiero Pesenti (Chairman), Carlo Pesenti (CEO)
Products Cement, construction aggregate, ready-mix concrete
Revenue €4.791 billion (2010)[1]
Operating income €353.8 million (2010)[1]
Profit €45.8 million (2010)[1]
Total assets €10.02 billion (end 2010)[1]
Total equity €4.986 billion (end 2010)[1]
Employees 20,760 (end 2010)[1]
Website www.italcementigroup.com
World locations of Italcimenti Group

Italcementi is an Italian multinational company, quoted on the Borsa Italiana, which produces cement, ready-mix concrete and construction aggregates. It is the 5th largest cement producer in the world (after Lafarge, Holcim, Cemex and HeidelbergCement) and the biggest in the Mediterranean area.

History[edit]

1864: Foundation of Italcementi in Bergamo, Italy.
In 1992 it underwent internationalisation following the acquisition of Ciments Français, which made of it the largest cement producer of the world. Since 1998 it has further expanded through acquisitions of new cement works in Bulgaria, Kazakhstan, Thailand, Morocco, India, Egypt, Kuwait, and the United States.

The Italcementi Group is based in the town of Bergamo, in northern Italy.

Operating regions[edit]

Italcementi's global presence include the 22 countries of Albania, Belgium, Bulgaria, China, Canada, Cyprus, Egypt, France, Gambia, Greece, India, Italy, Kazakhstan, Kuwait, Morocco, Mauritania, Saudi Arabia, Spain, Sri Lanka, Thailand, Turkey and the United States.

Group businesses[edit]

It has a staff of more than 20,000 employees, of which 400 are engaged in technical support and research activities under the group company C.T.G SpA (CTG stands for 'Centro Tecnico di Gruppo). Italcementi's annual sales are over 6 billion Euros.

Over 60% of its sales come from the cement sector which is combined with the production of ready-mixed concrete and aggregates.

It boasts of a global network including 62 cement plants (cement + clinker 54 MT), 12 grinding centers, 4 terminals (one of which is also a grinding center), 570 concrete batching units (20.8 Mm³) and 152 quarries aggregate quarries (56.7 MT)

Italcementi is controlled by Italmobiliare, based in Milan and quoted on the Borsa Italiana. The whole group has been controlled by the Italian Pesenti family since its foundation in 1864.

See also[edit]

References[edit]

  1. ^ a b c d e f "Annual Report 2010". Italcementi. Retrieved 18 November 2011. 

External links[edit]