Cement News tagged under: North Africa
Cement deliveries in Morocco down 9% in November15 December 2022, Published under Cement NewsCement deliveries by members of Morocco’s cement association, APC, ( Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc ) were down 9.4 per cent YoY to 1,112,013t in November 2022, according to the cement association. In the January-November 2022 period dispatches were down by 9.2 per cent to 11.544Mt when compared with the 12.719Mt dispatched in the 11M21. |
Mondi opens Moroccan paper bagging factory15 December 2022, Published under Cement NewsMondi has started production at its EUR16m greenfield bagging plant in Tangier, Morocco, which can produce 100m paper bags each year. This brings Mondi’s total production capacity in West Africa to over 500m bags annually, helping to meet the growing customer demand for paper bags in the region. This plant is Mondi’s fourth site in West Africa (in addition to two other plants in Morocco and one in Ivory Coast). The sack kraft paper used by these locations is produced by Mondi, help... |
Vicat increases stake in Sinai cement14 December 2022, Published under Cement NewsFrance-based Vicat SA has increased its stake in Egypt’s Sinai Cement from 51 per cent to 67 per cent. According to Reuters, Vicat bought additional shares worth US$5.65m from separate investors on 13 December 2022. Shareholder Arab Industrial Investment reportedly sold its 6.6 per cent share for US$2.29m. Vicat reported consolidated sales of EUR2697m in the 9M22, up 15.7 per cent YoY at constant scope and exchange rates. The growth came on the back of solid sales improvements in all r... |
Cachupaz wins process control order for Tekcim cement plant01 December 2022, Published under Cement NewsTo automate NovaCim's greenfield Tekcim cement plant in Morocco, Cachapuz Bilanci Group’s SLV Cement technology will be installed. Besides having powerful operational analysis tools, SLV Cement allows the monitoring and control of operations, the plant performance and the level of service provided. This will enable NovaCim to optimise and automate the logistics flows of incoming raw material and outgoing cement, enable integration with SAP and make an integrated management of the entir... |
Arabian Cement back in profit in 9M2218 November 2022, Published under Cement NewsEgypt’s Arabian Cement Company has reported revenue of EGP3333.9m (US$135.9m) in the first nine months of 2022, up from EGP1568.1m in the same period a year earlier. Profit after tax in the 9M22 came in at EGP244.7m, compared to a loss of EGP24.5m in the first nine months of 2021. Earnings per share over the same period advanced from -EGP0.08 to EGP0.63. Domestic sales accounted for EGP2597.9m of total revenue in the 9M22, with exports (EGP575.9m) and services (EGP160.1m) making up the... |
Arabian Cement Co amends solar power contract09 November 2022, Published under Cement NewsArabian Cement Co (ACC) has announced the signing of an amendment to its 2019 contract with Amarenco SolarizEgypt (ASE) to establish a Solar Photovoltaic (PV) plant at its Suez facility. The amendment to the agreement aligns with updated regulations recently issued by 'EgyptERA', the Egyptian Electric Utility and Consumer Protection Regulatory Agency. The adjusted contract limits the total solar capacity contracted to 30MW with a maximum of 25MW per one project. Currently, the total sol... |
Moroccan cement dispatches down 16% in October08 November 2022, Published under Cement NewsCement deliveries by APC members in Morocco declined by 16.4 per cent YoY to 1,048,975t in October 2022 from 1,254,798t in October 2021, according to the Moroccan cement association, APC. The association’s members include Asment Temara, Ciments du Maroc and LafargeHolcim Maroc. In the first 10 months of 2022, deliveries were down 9.2 per cent YoY to 10.432Mt from 11.491Mt in the 10M21. |
Study aids decarbonisation plans in emerging markets20 October 2022, Published under Cement NewsA recent study into how cement is used in emerging markets has revealed a number of trends with key implications for the decarbonisation of the cement industry. The study, titled ‘Paving the way for a better future’, was carried out by the Concrete Action for Climate initiative of the Mission Possible Partnership, co-led by the Global Cement and Concrete Association (GCCA), the World Economic Forum, in collaboration with Boston Consulting Group (BCG), and centred on four emerging markets ... |
Morocco sees deliveries decline 16% in September18 October 2022, Published under Cement NewsMembers of Morocco’s cement association, APC, have seen their total cement deliveries decrease by 15.8 per cent to 1,174,683t in September 2022, according to IPSOS data. In September 2021 deliveries reached 1,395,542t. In the January-September 2022 deliveries declined by 8.3 per cent YoY to 9.383Mt from 10.237Mt in the 9M21. APC members supplying delivery data include Asment de Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc . |
Carthage Cement reports 10% increase in 9M turnover14 October 2022, Published under Cement NewsTunisia-based Carthage Cement posted a turnover of TND262m (US$8.2m) at the end of September 2022, compared to TND239m in the 9M21, representing an increase of 10 per cent YoY, according to African Manager. The company attributes the rise in turnover to a 25 per cent hike in export revenues and a seven per cent advance in domestic sales. Export turnover increased to TND41.2m in the 9M22 from TND32.9m in the year-ago period. Local turnover advanced to TND198.4m in the January-September 202... |