Cement News tagged under: Carthage Cement
Tunisia: Carthage Cement turnover up 43% in 1Q1612 April 2016, Published under Cement NewsTunisian cement producer Carthage Cement posted a 43 per cent rise in turnover to TND53.472m (US$26.78m) in 1Q16 when compared with the equivalent quarter of 2015. Sales were strong in both domestic and export markets. Tunisian deliveries reached TND31.366m, up 33.4 per cent YoY, and increased the company’s market share to just under 18 per cent (2015: 14 per cent). Exports rose by 51 per cent to TND8.605m, increasing its export market share from 12.4 per cent to 18.2 per cent in 1Q16. ... |
Tunisia: Carthage Cement reduces debt29 January 2016, Published under Cement NewsThe overall turnover of Carthage Cement, all activities included, posted a positive growth of +55, reaching TND56.774m (US$27,816m) in the last quarter of 2015 against TND36.639m in 2014. This allowed the company to close the year 2015 with a turnover of around TND184.271m against TND169.490m in 2014. The company’s overall indebtedness at 31 December 2015 decreased by -1% to TND512.8m. |
Carthage Cement posts 19% rise in 3Q15 turnover15 October 2015, Published under Cement NewsTunisia-based Carthage Cement increased its cement production by 52 per cent YoY in 3Q15. Cement turnover rose by 24 per cent during this period but clinker sales fell as the company did not sell clinker to avoid competition with its own product and promote the sales of cement, the finished product with high added value. This strategy allowed Carthage Cement to consolidate its domestic market share which climbed from 10.9 per cent in September 2014 to 16.7 per cent one year later. In the ... |
Carthage Cement sees 2014 rise in sales but 1Q15 slips15 July 2015, Published under Cement NewsCarthage Cement experienced a positive start to 2014 although faced a more challenging market environment in the second half of the year, according to the company’s 2014 annual report. In 2014, Carthage Cement produced 1.346Mt of clinker and 1.022Mt of cement. While in the first five months, Tunisia’s cement market experienced growth, from June onwards, this decelerated and stalled. As a result, Carthage Cement increased its exports, including 216,819t to Algeria, and effectively positione... |
Tunisia: Carthage Cement cuts cement price20 February 2015, Published under Cement NewsIn the past few days, Carthage Cement has lowered the price of cement by TND6/t for bagged cement and TND10/t for bulk. For instance, a bag of OPC will now cost TND141,640/t while its bulk equivalent will cost 122,500/t. The step comes as the Tunisian government is gradually removing its subsidies in the energy sector. Mostafa Hamrouni, president of the national Chamber of Cement Manufacturers said that "the professionals of cement industry and regulators exert the effort required to cont... |
Carthage’s turnover increase fourfold in first six months22 July 2014, Published under Cement NewsTurnover by Tunisia’s newest cement producer, Carthage Cement, amounted to TND101,836m (US$59m), up 419 per cent compared to the same period of last year. Clinker and cement sales totalled TND19.262 and TND64,060, respectively during the six months to the end of June 2014. Readymix concrete activities increased by 25 per cent YoY. Aggregate sales, however, fell 28 per cent due to the absence of infrastructure public works contracts. |
Carthage Cement issues Provisional Performance Acceptance certificate, Tunisia06 June 2014, Published under Cement NewsThe Provisional Acceptance certificate has been issued by Carthage Cement for the 5800tpd Djebel Ressas cement plant in Tunisia, constructed by an FLSmdith-Ekon-Prokon consortium on an EPC turkney basis. The greenfield Djebel Ressas plant is the first project to be completed after the Arab Spring. According to a statement by Ekon, the plant has exceeded design figures in terms of production capacity and product quality while achieving less emissions. |
Tunisia: Carthage 1Q14 turnover rises sharply21 April 2014, Published under Cement NewsCarthage Cement reported a turnover of TND41.95m (US$26.45m) in the three months to March 31, 2014, up 337 per cent compared to the same period in 2013. Clinker sales reached TND16.78m during the first quarter, while sales of cement amounted to TND17.10m, including TND3.95m for export. Clinker production reached 234,084t, while cement production was recorded at 136,083t for the period. The production of aggregates in the quarry of Jebel Ressas posted an increase of 29 per cent during... |
Carthage sees strong rise in 1Q turnover14 April 2014, Published under Cement NewsTunisia’s Carthage Cement saw its turnover increase 337 per cent YoY to TND41.945m (US$26.53m) in 1Q14. However, its aggregates business saw sales fall 34 per cent following a three-week stoppage. The production level was affected by 22 days of social unrest in the Mornag region that prevented Carthage Cement workers to go to work, according to the management. The company’s ready-mix sales expanded by 10 per cent despite the lower deliveries of gravel from the quarry, which were also af... |
Carthage Cement appoints new Board member, Tunisia17 March 2014, Published under Cement NewsDuring Carthage Cement’s Annual General Meeting of Thursday, 13 March, Kais Jamaia was appointed as a new Board member, representing the Tunisian government. Mr Jamaia was previously a member of the General Audit Office. Since entering production last November, Carthage Cement has produced 66,599t of cement. "The rate of production is maintained between 7000tpd and 7500tpd of clinker," Riadh Ben Khalifa, CEO of Carthage Cement, said. Mr Khalifa added that he expects the impact of withdra... |