Cement News tagged under: North Africa
Vicat and Egypt settle investment dispute24 March 2022, Published under Cement NewsEgypt’s Prime Minister, Mostafa Madbouli, and the Minister of Justice, Omar Marwan, have witnessed the signing of a final settlement agreement on the country’s investment dispute with Vicat , a shareholder in Sinai Cement Co . The agreement was signed by Minister of International Cooperation, Rania el Mashat on behalf of the government, and Vicat’s Chairman and CEO, Guy Sidos. Under the agreement, the arbitration case between the two parties before the International Center for Settlemen... |
El Nahda Cement and ASEC extend technical management contract15 March 2022, Published under Cement NewsThe contract between El Nahda Industries ( El Nahda Cement) and The Swiss Arab Engineering Company (ASEC) has been renewed and the cooperation between the two companies will continue for another year until 31 March 2023. ASEC has been technically managing The Renaissance Cement factory since 2011. The renewal of the contract was signed by Ahmed Shrien Karim, CEO and managing director of El Nahda, and Ashraf Al-Kahwa, CEO and managing director of ASEC, and the signing was attended by a n... |
Moroccan deliveries advance 3% in February10 March 2022, Published under Cement NewsCement deliveries in Morocco increased 2.9 per cent YoY to 1,111,349t in February 2022 from 1,079,983 according to data published by the Ministry of Housing and Urbanisation. The data include the dispatches of members of the cement producers’ association, APC (Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc). In the first two months of 2022, dispatches advanced 5.8 per cent to 2,239,901t, up from 2,166,989t in the 2M21. |
Misr Beni Suef Cement net profit surges to EGP169m in 202101 March 2022, Published under Cement NewsEgypt-based Misr Beni Suef Cement reported a net profit after tax of EGP169.05m (US$10.8m) for 2021, surging from EGP76.38m in 2020, according to the company’s financial statement filed to the Egyptian stock exchange (EGX). Sales slipped to EGP1.12bn last year from EGP1.19bn in 2020. |
Lafarge Algeria aims to export 3Mt23 February 2022, Published under Cement NewsHolcim -owned Lafarge Algérie has carried out two more export shipments from the port of Oran, Algeria. A cargo of 35,000t of bulk grey cement and a 30,000t shipment of white cement in big bags were supplied by the Oggaz plant and are destined for the Americas. This year, the company aims to export 3Mt. In 2021 Lafarge Algérie exported 2.6Mt of cement, up 120 per cent when compared with 2020. The shipments have propelled Algeria to be the largest exporter in Africa and the No 2 in the M... |
Algerian trucker dispute threatens clinker exports18 February 2022, Published under Cement NewsFollowing the decision of the Algerian authorities to strictly apply the laws of overloading trucks, the transport sector has responded with a call for higher transport rates, a truckers’ strike and road blockages – actions that are threatening the export of clinker from the country. In a statement to the local press, cement producers GICA, Lafarge Algérie, Amouda and Biskria have denounced the persistence of road blockages by protesting carriers. “After negotiations with the transporters ... |
Morocco sees 9% uptick in January cement deliveries11 February 2022, Published under Cement NewsCement sales in Morocco by APC members (Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc) increased by 8.8 per cent YoY to 1,128,552t in January 2022, according to the Ministry of Housing and Urbanisation. In January 2021 sales reached 1,037,006t. |
Bizerte reports 18% increase in sales in 202128 January 2022, Published under Cement NewsTunisia-based Les Ciments de Bizerte reported a 17.8 per cent advance in revenues to TND130.8m (US$45.1m) in 2021 from TND111m in 2020. Domestic sales increased by five per cent to TND110.6m from TND105.4m in 2020 while export sales surged from TND5.7m to TND20.2m over the same period. Cement production edged up 2.7 per cent to 673,079t. |
Carthage Cement turnover rises by 29 per cent in 202120 January 2022, Published under Cement NewsCarthage Cement , Tunisia, finished 2021 with a total turnover of TND325m (US$112.9m), up 29 per cent compared to 2020 and 30 per cent compared to 2019. This performance helped Carthage Cement to keep its leading position on the local market by achieving a 14 per cent rise in the local market share of revenues compared to 2020. A strong recovery was also recorded for exports of cement and clinker, where the turnover was quadrupled from TND8.936m in 2020 to TND47.650m in 2021, a 4... |
Moroccan cement deliveries up 7% in December07 January 2022, Published under Cement NewsCement deliveries in Morocco increased 6.9 per cent YoY to 1,255,552t in December, according to data from the Ministry of Housing and Urbanisation. In December 2020 APC members Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc supplieda total of 1,174,183t of cement. For the full-year 2021, cement dispatches advanced 14.8 per cent YoY from 12.174Mt in 2020 to 13.975Mt in 2021. |