Cement News tagged under: Tunisia
Tunisian government authorises use of polypropylene bags for cement28 August 2020, Published under Cement NewsTunisia’s government approved the use of polypropylene for packaging cement, but the move has already drawn ire of the country’s environmentalists and the Tunisian Industrial Paper and Cardboard Co (Sotupapier). Sotupapier filed a complaint with the administrative tribunal on 21 August 2020 to challenge the decision taken by the Tunisian ministers of industry and trade. The company expects the step to increase plastic pollution through the production of at least 150m new polypropylene bags... |
Carthage Cement posts TND3.3m net profit at end July27 August 2020, Published under Cement NewsCarthage Cement posted a net profit of TND3.3m (US$1.2m) as of 31 July 2020, despite at two-month shutdown due to the COVID-19 pandemic. The stoppage led the company to lose nearly TND28.6m, according to company CEO, Brahim Sanaa. Mr Sanaa said that the company targets a net result of TND19.6m by the end of the year, reversing the TND51.3m loss posted in 2019. Carthage Cement carried out a capital increase from TND172,134,413 to TND343,624,940, reducing the company’s bank indebtness by ... |
Tunisia looks to change cement packaging and reduce costs20 August 2020, Published under Cement NewsSalah Ben Youssef, Tunisia’s Minister of Industry and Small- and Medium-sized Enterprises, has stated that by replacing 30 per cent of Kraft paper bags used in cement packaging with polypropylene bags, the equivalent of TND20m (US$7.37m) in foreign currency would be saved. "This will help Tunisia reposition itself on the Libyan market by bringing down the cost of cement bags and increasing the competitiveness of Tunisian products against the Turkish competitors," said Mr Youssef. The... |
Ciments de Bizerte sees 1H turnover up 2%27 July 2020, Published under Cement NewsTunisian cement producer Ciments de Bizerte has seen its total turnover expand 1.6 per cent YoY to TND42.781m (US$15.6m) in the first half of 2020. Domestic turnover edged up 0.2 per cent YoY to TND40.112m while export turnover improved 26.8 per cent YoY to TND2.669m. In addition, clinker production increased 17.2 per cent to 282,440t in the 1H20 despite the total suspension of production for 45 days following the general COVID-19 lockdown. However, cement production fell by 4.7 per cent.... |
Carthage Cement posts 16% drop in 1H revenues24 July 2020, Published under Cement NewsTunisia-based Carthage Cement has seen its revenues fall 16 per cent to TND102m (US$37m) in the 1H20 due to the stoppage of its operations between 28 March and 28 April 2020. Exports by the company dropped 92 per cent from TND12.4m in the 1H19 to TND1m in the first six months of 2020. However, exports to Italy restarted in June. Domestic sales slipped by one per cent YoY despite the stop in activity for more than a month. However, the company reduced its debt to TND440.7m by the end of J... |
Carthage Cement begins exporting cement to Italy22 June 2020, Published under Cement NewsTunisia’s Carthage Cement launched its first export shipment of 4100t of EC-certified Portland cement to Italy last Friday. The dispatch is reportedly part of a larger contract to supply 250,000t of cement and clinker to Europe. "Our company has got a certification of the products in compliance with the requirements of the European standards, which has helped us be the first to enter the European market and we intend to remain there," indicated Brahim Sanaa, CEO, Carthage Cement. |
Al Karama restarts Carthage Cement share sale01 June 2020, Published under Cement NewsFollowing a forced break due to the coronavirus pandemic, Al Karama Holding, restarts the process to divest a stake in Carthage Cement to a strategic investor who is able to lead and develop the Tunisian cement producer. The stake of shares up for sale at least 58.2 per cent, according to Il Boursa, a significant step-up from the 50.52 per cent initially up for offer when the company gauged interest on 15 December 2017. However, the final stake sold may be as high as 78 per cent. Interes... |
Ciments de Bizerte sees turnover rise in 1Q2018 May 2020, Published under Cement NewsTunisia’s Ciments de Bizerte has seen an 18.7 per cent rise in local turnover to TND22.9m (US$7.92m) in the first three months of 2020, against TND19.3m in the 1Q19. The turnover from exports also increased as dispatches to Libya resumed during the first quarter, according to the African Manager. However, the company suspended production and sales when the general lockdown was announced. Therefore, the overall turnover until 23 March reached TND24.9m. Elsewhere, clinker production gr... |
Carthage Cement sees 1Q turnover up 6%17 April 2020, Published under Cement NewsTunisia’s Carthage Cement reported a six per cent rise in turnover to TND63.617m (US$22m) in the 1Q20 when compared with TND59.771m in the equivalent period of 2019. The company also announced it suspended production and sales of aggregates, clinker and ready-mix concrete from 20 March to reduce the spread of the coronavirus. The first quarter also included a technical shutdown for the annual maintenance campaign of the kiln line. As a result, clinker out put reached 145,815t on 31 March 2... |
Société de Ciment de Bizerte halts cement sales14 April 2020, Published under Cement NewsTunisia’s Société de Ciments de Bizerte announced a temporary stop to cement sales until 19 April. The company said it had not seen a single case of coronavirus in its employees but would halt sales as a precaution. Government-owned Société de Ciment de Bizerte operates a 1.5Mta plant on the northern Tunisian coast. |