Cement News tagged under: Morocco
Moroccan cement market expands by 20% in October06 November 2024, Published under Cement NewsCement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc in Morocco increased by 19.8 per cent YoY to 1,302,671t in October 2024 when compared with 1,087,867t in October 2023, raccording to the country’s cement association, APC. In the January-October 2024 period, deliveries advanced by 8.2 per cent YoY to 11,121,112t when compared with 10,274,357t in the period between January-October 2023. |
Heidelberg Materials increases share ownership of Asment de Témara14 October 2024, Published under Cement NewsHeidelberg Materials is strengthening its footprint in the Moroccan cement market by increasing its share ownership of Asment de Témara to 63 per cent and acquiring 100 per cent of Grabemaro, a supplier of aggregates, according to a recent press release. Dr Dominic von Achten, chairman of Heidelberg Materials, noted the significance of the expansion. “Our latest investment marks an important step in our ongoing portfolio optimisation, strengthening our core markets,” he said. The de... |
Morocco’s cement deliveries up 4% in September02 October 2024, Published under Cement NewsCement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , and LafargeHolcim Maroc in Morocco in September 2024 increased by 4.1 per cent YoY to 1,088,124t from 1,045,795t, according to the country’s cement association, APC. In the January-September 2024 period, cement sales by APC members advanced by 6.9 per cent YoY to 9.818Mt from 9.186Mt in the year-ago period. |
Ciments du Maroc acquires Asment Témara16 September 2024, Published under Cement NewsCiments du Maroc announced the signing of a strategic agreement for the acquisition of Asment de Témara . The step will enable Ciments du Maroc, part of Heidelberg Materials , to consolidate its national coverage and its sales of sustainable materials and solutions. It will expand its operations in northern Morocco in particular. The acquisition will include 62.62 per cent of Asment de Témara’s capital as well as 99.99 per cent of the capital of Grabemaro, a producer of aggregates, cur... |
LafargeHolcim posts 8% drop in 1H net profit13 September 2024, Published under Cement NewsLafargeHolcim Maroc reported a turnover of MAD3.69m (US$378m) in the first half of 2024, representing a 10.6 per cent decline when compared with the year-ago period. The decrease has been attributed to the commissioning of new cement capacity in Morocco as well as the drop in clinker export demand. Current operating income for the six-month period remained largely stable at MAD1.46bn when compared with the equivalent period of the previous year (MAD1.468bn) as the company reduced production... |
Moroccan market expands 10% in August04 September 2024, Published under Cement NewsCement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc in Morocco advanced by 9.7 per cent YoY to 1,265,106t in August 2024 from 1,153,378t in August 2023, according to Morocco’s cement association, APC. Dispatches to the distribution segment were up 5.6 per cent to 721,796t in August 2024 from 683,550t in August 2023 while deliveries to the ready-mix concrete segment increased 21.7 per cent YoY to 295,921t from 243,232t. Off-take by the prefa... |
Moroccan cement market expands 52% in July05 August 2024, Published under Cement NewsTotal cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim surged 52.3 per cent YoY to 1,189,016t in July 2024, up from 780,954t in July 2023, according to Morocco's cement association, APC. In the January-July 2024 period there was a 6.8 per cent uptick in deliveries to 7.465Mt when compared with 6.987Mt in the 7M23. |
Morocco's cement market contracts 29% in June05 July 2024, Published under Cement NewsTotal cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim contracted by 29.1 per cent YoY to 746,158t in June 2024 from 1,052,975t in June 2023, according to Morocco's cement association, APC. The retail segment reduced its off-take by 30.2 per cent YoY to 426,077t in June 2024 from 610,167t while deliveries to the ready-mix concrete segment were down by 29.9 per cent YoY to 171,390t from 244,650t in the same period. The prefab... |
Cement deliveries in Morocco advance 20% in May06 June 2024, Published under Cement NewsCement deliveries in Morocco by APC members – Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim – increased by 20 per cent to 1,426,978t in May 2024 from 1,189,112t in May 2023, according to Morocco's Ministry of National Planning, Urban Planning and Housing. Of this total, 807,246t was delivered to the retail segment, up 9.1 per cent YoY from 739,639t in May 2023, and 334,609t was supplied to the ready-mix concrete sector, a 50.3 per cent hike... |
Morocco’s cement deliveries advance 21% in April16 May 2024, Published under Cement NewsCement deliveries in Morocco by APC members – Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim – increased by 21.1 per cent YoY to867,743t in April 2024 from 716,483t in April 2023, according to the country's Ministry of National Planning, Urban Planning and Housing. Of this total, 55,861t was supplied in April 2024 to the infrastructure sector, up 60.2 per cent YoY as the government continues to invest in the country’s infrastructure. In April... |