Cement News tagged under: Tunisia
Time to take a chance in Tunisia?14 January 2019, Published under Cement NewsThis week Tunisian-based United Cement Investor announced that it will build a new 1.5Mta integrated cement plant in Tataouine, Tunisia, with work starting in March this year. This will be the most southerly cement plant in the north African country, situated 120km from the coastal city of Gabes and about 300km from the Libyan capital of Tripoli. However, starting new plants in Tunisia is a hazardous affair. Carthage Cement In October 2018 Carthage Cement recorded a 29 per cent YoY ... |
Time to take a chance in Tunisia?11 January 2019, Published under Cement NewsThis week Tunisian-based United Cement Investor announced that it will build a new 1.5Mta integrated cement plant in Tataouine, Tunisia, with work starting in March this year. This will be the most southerly cement plant in the north African country, situated 120km from the coastal city of Gabes and about 300km from the Libyan capital of Tripoli. However, starting new plants in Tunisia is a hazardous affair. Carthage Cement In October 2018 Carthage Cement recorded a 29 per cent YoY ... |
Work to start on 1.5Mta cement plant in Tunisia10 January 2019, Published under Cement NewsUnited Cement Investor, a Tunisian company, is building a greenfield 1.5Mta cement plant in Tunisia. The plant will be situated in Bir Thlathin, south Tataouine, Tunisia and work is to begin on construction in March 2019. The new facility will create 419 direct jobs and 600 indirect jobs, but the French investors have so far only acquired 65 per cent of the land required. The plant is scheduled to be completed by 2022. |
Carthage Cement records 29% increase in turnover26 October 2018, Published under Cement NewsTunisia’s Carthage Cement has recorded a 29 per cent YoY increase in turnover to TND171.5m (US$59.84m) for the 9M18. This means that the company has reached the annual turnover for 2017 within the first nine months of 2018, according to the African Manager. Clinker exports exceeded TND40m, therefore consisting of 24 per cent of the total turnover. Despite an 18 per cent decline in the 3Q18, the aggregates business saw a one per cent increase in turnover to TND19m for the nine-month period. |
New Carthage majority shareholder known by end November25 October 2018, Published under Cement NewsThe new majority shareholder for Carthage Cement is expected to be named at the end of November. In April Al Karama Holdings prequalified five candidates interested in acquiring the 50.52 per cent majority stake in the Tunisia-based cement producer: Omnium Industries and Promotion (Morocco), a SECIL-Soc des Ciments de Gabes consortium, Eurocem Ltd (Malta), Cementos Portland Valderrivas (Spain) and Cemolins Internacional (Spain). |
Ciment de Bizerte exports clinker to Italy08 May 2018, Published under Cement NewsCiment de Bizerte scheduled a ship to sail on 3 May from Tunisia to Italy, carrying around 8000t of clinker, as part of its export programme and continued performance tests of the company's new wharf facilities. The company has scheduled an additional 30,000t of clinker exports later in the month as well as the unloading of a petcoke vessel to ensure the smooth running of its facilities. Last month Ciment de Bizerte resumed exports to Cameroon . |
Carthage Cement records 25% revenue increase24 April 2018, Published under Cement NewsTunisia’s Carthage Cement Co has posted a 25 per cent YoY increase in revenue for the 1Q18, according to the African Manager. This result was achieved despite a halt in production from 15 March for a month, due to a dispute between the subcontracting company (NLS) and a group of workers. Elsewhere, the company's clinker production increased 126 per cent YoY during the period. This has been attributed to the realisation of its first clinker export contract, which it expects to execute by t... |
Ciments de Bizerte resumes exports after a decade04 April 2018, Published under Cement NewsCiments de Bizerte has restarted exports after 10 years with a 25,000t shipment of clinker to Cameroon. The consignment is part of the company’s renewed efforts to enter the export markets with bulk deliveries of clinker and cement. The Tunisian cement producers plans to export large volumes of clinker and bulk to African and Mediterranean markets, its CEO, Jalel Ben Ohman told TAP news agency. Ciments de Bizerte is investing TND250m (US$104m) in modernising its packing equipment and upgra... |
Al Karama Holdings names six prequalifiers for Carthage Cement21 March 2018, Published under Cement NewsSix foreign groups have submitted bids for the acquisition of a 50.52 per cent interest in Tunisian cement producer Carthage Cement, according to Al Karama Holding, the company responsible for managing companies confiscated by the Tunisian state from the former regime of Zine El Abidine Ben Ali. Companies interested in purchasing the stake are Cementos Portland Valderrivas (Spain), Cemolins Internationacional SL (Spain), Omnium des Industries et de la Promotion (Morocco), Eurocem (Malta) ... |
Carthage Cement sees 12% sales drop25 January 2018, Published under Cement NewsTunisia-based Carthage Cement reported a 12 per cent YoY decline in its revenues to TND172.9m (US$72.2m) when compared with revenues of TND196.1m in 2016. While sales in the domestic market slipped by two per cent YoY to TND125.2m, exports saw an 80 per cent contraction to TND4.4m. Tunisian exports to Algeria, where a rapid capacity build-up has affected imports, have fallen by some 79 per cent YoY. The company invested some TND12.26m in 2017, down 40 per cent when compared with the p... |