Cement News tagged under: Ciments du Maroc

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Morocco’s cement deliveries see 10% drop in June

05 July 2022, Published under Cement News

Cement deliveries by APC members in Morocco declined 9.8 per cent to 1,229,636t in June 2022 when compared with June 2021, when deliveries reached 1,363,579t, according to Ipsos. Deliveries in the first six months of 2022 saw a drop of 4.7 per cent to 6,505,973t from 6,809,696t in the 6M21. APC members are Asment Temara, Ciments de l’Atlas, Ciments du Maroc, LafargeHolcim Maroc.

Moroccan deliveries up 7% in May

08 June 2022, Published under Cement News

Cement deliveries in Morocco increased 7.1 per cent YoY to 945,706t in May 2022 from 882,785t in May 2021, according to Ipsos. The data relates to APC members Asment Temera, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc. However, in the year to date deliveries contracted by 3.1 per cent to 5,276,337t when compared with January-May 2021 when deliveries reached 5,446,117t.

Morocco’s market contracts 23% in April

11 May 2022, Published under Cement News

Moroccan cement deliveries by Asment Temara ( Votorantim Cimentos ), Ciments de l'Atlas ( Addoha Group ), Ciments du Maroc ( HeidelbergCement Group ) and LafargeHolcim Maroc ( Holcim ) contracted by 22.8 per cent to 902,513t in April 2022 when compared with 1,169,122t in April 2021, according to Morocco’s cement association, APC. In the first four months of 2022 cement deliveries slipped by 5.1 per cent YoY to 4.331Mt from 4.563Mt in the January-April 2021 period.

Ciments du Maroc builds new grinding station at Nador

24 January 2022, Published under Cement News

Ciments du Maroc , a subsidiary of HeidelbergCement (Germany), is building a new grinding station close to Nador in the north of Morocco that will support the development of the country's north and east regions. Located 18km from the city of Nador in the municipality of Ouled Settout, the 0.7Mta grinding plant represents an investment of MAD330m (USD35.54m). This investment has been described by the company's CEO, Matteo Rozzanigo, as "a major turning point for Ciments du Maroc, which will...

Morocco's listed cement producers to end 2021 on positive note

16 December 2021, Published under Cement News

Cement producers listed on the Casablanca Stock Exchange are expected to end 2021 with net results up 30.1 per cent YoY, according to Ecofin Agency. The positive performance is driven by active real estate and construction sectors. Holcim Group and Ciments du Maroc posted favourable operating conditions despite the COVID-19 health crisis with combined consolidated sales of MAD8.7bn (US$939m) in the January-September 2021, compared to MAD7.4bn in the 9M20. Their combined domestic cement sale...

Morocco’s market dynamic

01 June 2021, Published under Cement News

Pending the real estate sector recovery, cement demand in Morocco will be driven in the coming years by both major infrastructure projects and the emergence of the southern regions which are evolving into becoming top-tier economic hubs. At the moment, there is a significant increase in capacity while local operators are showing interest in exports. By Maria Iraqi and Taha Jaidi, Attijari Global Research, Morocco. Moroccan cement demand is expected to return to pre-COVID levels by 202...

Moroccan cement sales fall 50% in May

05 June 2020, Published under Cement News

Morocco’s cement market contracted 50.6 per cent in May with 523,848t of cement delivered to domestic customers, according to APC, the country’s cement association. In May 2019 deliveries by APC members (Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc) reached 1,060,372. In the first five months of 2020 deliveries declined by 26 per cent to 4,342,865t when compared with 5,868,225t in the 5M19. Ciments du Maroc saw sales decline by 9.8 per cent YoY in the 1Q20 w...

Ciments du Maroc sees turnover down 10% in 1Q20

22 May 2020, Published under Cement News

Ciments du Maroc (HeidelbergCement) reported a 9.9 per cent YoY drop in cement sales volumes in the first quarter of 2020 as the coronavirus pandemic affected the market.  The company’s turnover declined 9.8 per cent YoY to MAD869m. Investments in the 1Q20 reached MAD14.8m, up 43.4 per cent when compared with the 1Q19.

Ciments du Maroc turnover falls in 2019

02 March 2020, Published under Cement News

The unaudited consolidated turnover of Ciments du Maroc slipped by 0.8 per cent YoY to MAD3.89bn (US$405.8m) in 2019 despite an improvement in the cement market. The fall was due to a decline in concrete sales, which offset the positive development of cement sales, said the company.

Ciments du Maroc reports 4% rise in 9M turnover

29 November 2019, Published under Cement News

Ciments du Maroc, the Moroccan subsidiary of HeidelbergCement, has posted a 9M19 turnover of MAD2.67bn, up 3.8 per cent YoY. For the third quarter of 2019, the company reported revenues of MAD831m, representing a three per cent fall when compared with the 3Q18. The fall is due lower cement sales volumes as construction sites wound down activity in August. However, turnover is expected to increase by two per cent for the full year of 2019.