Cement News tagged under: Tunisia
Cementos Molins posts EUR31m profit, up 85%31 October 2012, Published under Cement NewsSpain’s Cementos Molins has posted a profit of EUR31.16m in the first nine months of the year. The 85 per cent rise has been attributed to successful foreign business, which continues to offset the decline in Spanish sales. The company’s operations in Spain have seen profits decline on the back of a 16 per cent drop in domestic sales as Spanish cement demand continues to post further lows. The drastic falls in consumption have seen cement demand plunge to a level not seen since the 1960s.... |
Fitch affirms Societe des Ciments d'Enfidha's long-term rating, Tunisia17 October 2012, Published under Cement NewsFitch Ratings has affirmed Tunisia-based cement manufacturer Societe des Ciments d'Enfidha's (SCE) National Long-term rating at 'BBB(tun)' and National Short-term rating at 'F3 (tun)'. The Outlook is Stable. The affirmation reflects SCE's recovery of an adequate trading performance in the first eight months of 2012 after production recovered to pre-revolution levels at its Enfidha plant. Despite expected lower operating margins in 2012 compared to historical levels due to rising energ... |
SOTACIB’s new Kairouan cement plant begins production16 April 2012, Published under Cement NewsA new cement plant located in the Rouissat region, Kairouan governorate, by the Société Tuniso-Andalouse du Ciment Blanc (SOTACIB), has begun producing its first cement according to a statement from Tunisia’s Ministry of Industry. The new facility has a capacity of 1.2Mta of cement and will strengthen total domestic cement production of 7.2Mt to 8.4Mt in late 2012. Abstracted from Business News, Tunisia |