Ghacem was founded by the Government of Ghana in collaboration with Norcem AS of Norway on August 30, 1967.
In 1967 Ghacem was established with high hopes of prosperous future, with the help and guidance of the late Dr. J. A. Addison, whose pioneering effort set the tone for a lasting legacy of Ghacem.
Heidelbergcement is now the majority stack owners of shares at 93.1%, Ghana government with 5% and the late Dr. J. A. Addison with 1.9%