Holcim sees better performance in Morocco

Holcim sees better performance in Morocco
21 May 2014

Holcim Morocco improved its business results in 2013 despite the difficult economic context. By lowering its production costs and optimising its support functions, the company achieved a cost saving of MAD100m (US$12.23m), despite a five per cent decline in operating income compared to 2012.

The company succeeded in optimising its clinker factor, lowering power consumption and increased thermal substitution rates as well as rationalised its production process.  

In the first quarter of this year, the company increased shipments and also sold clinker to the Ivory Coast. While shipments of aggregates were lower, there was a modest increase in ready-mixed concrete deliveries

Published under Cement News