1990
ACICO Industries Co. established in Kuwait
1994
Autoclaved Aerated Concrete (AAC) plant successfully commissioned and begins production
1997
ACICO Industries Co. listed on the Kuwait Stock Exchange
2000
2nd AAC plant commissioned, Kuwait
2002
Acquired Kuwait Precast System Co.
2003
Established branch in Kingdom of Saudi Arabia (KSA)
2005
Established branch in Dubai, United Arab Emirates (UAE)
2006
Established branch in Qatar
2007
Commissioned first cement plant and cement mill in Mina Abdullah, Kuwait, and Launched Radisson Blu resort Al Fujairah.
2008
Launched ACICO Business Park Tower, Dubai
2009
Established five-star hotel in Dubai (currently Voco Dubai)
2010
ACICO Construction accredited as a Grade A construction and contracting company in Kuwait (ACICO Construction) and Launched Nassima Hotel Apartment, Dubai
2013
Commissioned 2nd cement mill in Mina Abdullah, Kuwait and acquired Saudi Aerated Concrete Industries Co. LTD in KSA
2014
Acquired Industrial Buildings & Constructions Co. in Kuwait
2015
Acquired Maryam Al Subah in Kuwait, acquired Masaken United Co. in Kuwait, and launched an interlock tile factory as an industrial arm of the Group
2016
Commissioned third cement mill in Mina Abdullah, Kuwait and expanded production capacity of cement plant
2017
Inclusion of cement products in the list of government-subsidized materials and launch of ACICO Group brand
2018
Adding new cement packaging lines in Kuwait, opening a new production unit at the precast plant for the manufacturer of precast bridge segments in Kuwait, and forming a partnership with the Kuwait Foundation for the Advancement of Sciences (KFAS) to research the recycling of ready-mix concrete-waste in Kuwait.
2019
Purchasing all of Aslan Real Estate Company’s shares and classifying ACICO Construction Company as a subsidiary
