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Privatization

In line with the privatization policy of state ownership in various industries, Ehdasse Sanat has sold his own shares in its six affiliated cement plants during the last year. In the early of the year 2003 the registered shares in Hegmatan and Kordestan cement plants and in the second half of this year, shares in Khash and Khuzestan cement plants were sold to the private sectors by ESC.

Being as a cement plant manufactures, ESC is going to introduce and sell its own shares to the market once its projects reach in operation.

 SOLD COMPANIES

CEMENT PLANTS

Capacity (ton/day)

Privatization
Date
Kordestan Cement Co.

2300

Feb, 2003

Hegmatan Cement Co.

2300

Feb, 2003

Khash Cement Co.

2000

July, 2003

Khuzestan Cement Co.

3000

Dec, 2003

ARDEBIL CEMENT Co.

2300

Dec, 2004

HORMOZGAN CEMENT Co.

6000

Dec, 2004

TOTAL

17900

 

 



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