Cement News tagged under: North Africa
Morocco's cement market contracts 14% in June06 July 2023, Published under Cement NewsTotal cement deliveries by APC members Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc declined 14.4 per cent YoY to 1,052,975t in June 2023 from 1,229,937t in June 2022, reported the country’s Ministry of National Territory Planning, Land Planing, Housing and City Policy, based on APC data. Construction companies reported a 30.6 per cent YoY drop in offtake to 38,702t in June 2023 while the retail sector saw sales fall by 17 per cent YoY to 610,166t. Deliverie... |
Lafarge Algeria increases cement exports in 1H2326 June 2023, Published under Cement NewsLafarge Algeria ( Holcim ) has announced improved export results for the 1H23. Thanks to the support of the Algerian authorities and close collaboration with its partners, Lafarge Algeria exported nearly 1.7Mt of products, 39 per cent of which were 'cement' finished products valuing more than US$80m. Volumes were helped by the start up of the automatic shiploader at Djenden Port, with 18,000tpd capacity. |
Tunisia’s times of uncertainty19 June 2023, Published under Cement NewsThe Tunisian cement sector is striving to maintain profitability as the domestic construction sector struggles to sustain a post-pandemic recovery. Exports are providing one way for the domestic players to offset weak demand, while prices have risen substantially to offset the steep cost inflation. Tunisia’s cement producers are finding their feet again after the COVID-19 pandemic, but rising inflation and higher building costs remain a challenge (© Romas) Tunisia has seen ch... |
Morocco’s cement deliveries up 26% in May08 June 2023, Published under Cement NewsCement deliveries in Morocco saw a 25.7 per cent advance to 1,189,110t in May 2023 from 945,706t in May 2022, reported the country’s Ministry of National Territory Planning, Land Planing, Housing and City Policy, based on APC data. In terms of market segments, the key retail sales were up 18.5 per cent YoY to 740,303t, followed by the ready-mix concrete sector received 221,378t, up 48.3 per cent YoY. Deliveries to the prefabrication segment were up 34.2 per cent You to 113,938t while dispat... |
Suez Cement invests millions in sustainability targets06 June 2023, Published under Cement NewsSuez Cement , part of the Heidelberg Materials Group , continues to invest heavily in its environmental sustainability efforts. According to the company, since 2010 it has spent US$60m on technology to lower dust emissions throughout its operations, resulting in an 80 per cent reduction in dust emissions by the end of 2020, compared to the company’s 2012 baseline. A further US$16m was invested in non-fossil-based fuels with the installation of alternative fuel (AF) technology in its pla... |
South Valley Cement reports loss in 1Q2306 June 2023, Published under Cement NewsEgypt’s South Valley Cement Co has reported net losses after tax of EGP37.05m (US$1.19m) in the opening quarter of 2023, up from EGP31.2m in the same period a year earlier. Sales over the same time frame came in at EGP338.32m, up from EGP206.32m in the 1Q22. In terms of earnings per share, a loss of EGP0.07 was seen in the first quarter of 2023, compared to a loss of EGP0.06 in the opening three months of 2022. The company runs one integrated cement plant in Beni Suef. |
LafargeHolcim Maroc posts 3% advance in 1Q revenue01 June 2023, Published under Cement NewsHolcim-owned LafargeHolcim Maroc has reported a three per cent uptick in revenues to MAD2131m (US$209.2m) in the first quarter of 2023 from MAD2077m in the year-ago period. Morocco’s cement demand declined by 5.3 per cent to 3.248Mt in the January-March 2023 period when compared with the first three months of 2022, when consumption reached 3.248Mt. The company’s debts fell by five per cent YoY to MAD4887m at 31 March 2023. |
Ciments du Maroc 1Q turnover slips 4%31 May 2023, Published under Cement NewsCiments du Maroc , part of Heidelberg Materials , posted an unaudited turnover of MAD917.8m in the 1Q2023, down four per cent YoY from MAD955m in the 1Q22. Cement consumption in Morocco saw a 5.3 per cent drop in the January-March 2023 quarter when compared to the year-ago period. The company’s investments in the first quarter of 2023 increased one per cent YoY to MAD47.3m. Financial debt reached MAD42.4m, which corresponds to bank overdrafts. |
Moroccan cement deliveries see 21% drop in April03 May 2023, Published under Cement NewsCement deliveries by APC members Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc saw a 20.6 per cent fall to 716,483Mt in April 2023 from 902,513t in April 2022, according to the country’s cement association, APC. In the first two months of 2023 cement deliveries were down 8.5 per cent YoY to 3,964,276t from 4,330,632t in the 2M22. |
Morocco sees small increase in March deliveries11 April 2023, Published under Cement NewsCement deliveries in Morocco by APC members edged up by 0.6 per cent YoY to 1,195,305t in March 2023 from 1,188,217, according to the country’s cement association, APC. Deliveries include dispatches by Asment Temera, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc. In the first quarter of 2023 deliveries declined by 5.3 per cent to 3.248Mt from 3.428Mt in the 1Q22. |