Cement News tagged under: Ciments de Bizerte
Ciments de Bizerte posts 53% turnover drop in 1Q24 due to lack of petcoke17 May 2024, Published under Cement NewsTunisia-based Les Ciments de Bizerte saw a 52.6 per cent drop in turnover to TND12.262m (US$3.9m) in the first quarter of 2024 from TND25.858m. The drop in turnover was due to the halt in clinker production during the quarter. The company suspended clinker production in the 1Q24 due to a lack of petcoke following financial challenges that prevented the company from importing the kiln's sole fuel. In the period leading up to 31 March, 50,588t of cement was produced, down 53.7 per cent YoY.... |
Ciments de Bizerte reports 24% drop in revenue in 202306 February 2024, Published under Cement NewsTunisia-based Ciments de Bizerte reported a 23.7 per cent decline in revenue to TND94.4m (US$30.14m) in 2023 when compared with the previous year, according to data from the Tunis Stock Exchange. Cement sales volumes were down 10 per cent YoY. Domestic turnover fell by 16.5 per cent YoY to TND93.9m with cement and lime sales of 4.978Mt. The fall in domestic demand was attributed to the recession in the construction market as real estate prices increased and there was an absence of infras... |
Ciments de Bizerte sees 21% drop in 2Q sales revenue11 August 2023, Published under Cement NewsTunisia-based Société Les Ciments de Bizerte reported a 20.9 per cent fall in total sales to TND24,494,717 (US$7.011m) in the second quarter of 2023 from TND30,961,761 in the 2Q22. All sales were within Tunisia due to a halt in exports due to a lack of competitiveness following a surge in energy costs. Compared with the 2Q22, domestic revenues were down 6.9 per cent from TND26,310,909, following a 19.5 per cent drop in sales across the board (cement, clinker and lime) in the 2Q23. Cement ... |
Les Ciments de Bizerte reports 5% revenue drop in 202230 January 2023, Published under Cement NewsRevenues of Tunisia-based Les Ciments de Bizerte saw a five per cent decline to TND123.8m (US$40.1m) in 2022 from TND130.8m in 2021. Domestic revenues edged up by 1.6 per cent YoY to TND112.4m in 2022, but exports were down 43.5 per cent YoY to TND11.4m from TND20.2m. Clinker production fell 24.2 per cent to 538,150t and 553,883t of cement. The drop in output was attributed to disruptions in raw material supply due to land issues. The company’s debt stood at TND153.9m on 31 December ... |
Ciments de Bizerte reports TND12m loss in 1H2229 September 2022, Published under Cement NewsTunisia-based Ciments de Bizerte posted a loss of TND11.9m (US$3.6m) in the first half of 2022 when compared with a profit of TND1.3m in the 1H21. The company’s operating result is a loss of TND7.2m in the 1H22 when compared with a profit of TND6.8m in the 1H21. Revenues were down to TND57.8m in the 1H22 from TND72.3m in the year-ago period. The company has attributed the fall due to a decline in both domestic and export markets. In addition, the company saw a 56 per cent rise in petco... |
Ciments de Bizerte resumes bulk exports by sea26 October 2020, Published under Cement NewsTunisia-based Ciments de Bizerte announced it is resuming bulk cement exports by sea from the Port of Bizerte. The first ship was loaded with bulk cement destined for the Libyan market. The company has invested in new loading and unloading facilities. |
Ciments de Bizerte sees 1H turnover up 2%27 July 2020, Published under Cement NewsTunisian cement producer Ciments de Bizerte has seen its total turnover expand 1.6 per cent YoY to TND42.781m (US$15.6m) in the first half of 2020. Domestic turnover edged up 0.2 per cent YoY to TND40.112m while export turnover improved 26.8 per cent YoY to TND2.669m. In addition, clinker production increased 17.2 per cent to 282,440t in the 1H20 despite the total suspension of production for 45 days following the general COVID-19 lockdown. However, cement production fell by 4.7 per cent.... |
Ciments de Bizerte sees turnover rise in 1Q2018 May 2020, Published under Cement NewsTunisia’s Ciments de Bizerte has seen an 18.7 per cent rise in local turnover to TND22.9m (US$7.92m) in the first three months of 2020, against TND19.3m in the 1Q19. The turnover from exports also increased as dispatches to Libya resumed during the first quarter, according to the African Manager. However, the company suspended production and sales when the general lockdown was announced. Therefore, the overall turnover until 23 March reached TND24.9m. Elsewhere, clinker production gr... |
Société de Ciment de Bizerte halts cement sales14 April 2020, Published under Cement NewsTunisia’s Société de Ciments de Bizerte announced a temporary stop to cement sales until 19 April. The company said it had not seen a single case of coronavirus in its employees but would halt sales as a precaution. Government-owned Société de Ciment de Bizerte operates a 1.5Mta plant on the northern Tunisian coast. |
Ciments de Bizerte posts 32% increase in turnover in 201931 January 2020, Published under Cement NewsIn the 4Q19 Tunisia-based Ciments de Bizerte saw its local turnover increase by 56.6 per cent YoY to TND29.068m (US$10.3m) from TND18.559m in the 4Q18. Export turnover reached TND2.561m. For the full-year 2019 Ciments de Bizerte reported a 32.3 per cent rise in turnover to TND97.104m, up from TND73.388m in 2018. In terms of clinker production, the company manufactured 242,409t in the 4Q19, up from 119,631t in the 4Q18. Cement output advanced by 33.4 per cent to 186,888t in the last quarter... |