ASEC Co for Mining SAE

ASCM.CA – EGYPTIAN EXCHANGE

Business Description

Egypt Construction Materials Materials

ASEC Company for Mining SAE (ASCOM) SAE is an Egypt-based public shareholding company that operates primarily in the non-metal mining sector. The Company is engaged in geological exploration, mining and quarrying of raw materials, serving the cement industry, developing mining operations for building materials and precious metals, and manufacturing operations for ground calcium carbonate and rock & glass wool. The Company’s products include Ground calcium carbonate, Glass Sand, Gravel for Aggregates and Gypsum. The Company offers services, such as geological investigations, geotechnical investigations, geophysical studies, survey works, drilling works, mining planning, quarries management, supply of raw materials and blasting services. ASCOM has operating subsidiaries in Egypt, United Arab of Emirates, Syria, Sudan, Algeria and Ethiopia. The Company’s subsidiaries include, among others, ASCOM Carbonated & Chemical Manufacturing, ASCOM Algeria and Nebta for Geology and Mining.

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