Cement News tagged under: Ciments du Maroc
Moroccan deliveries up 7% in May08 June 2022, Published under Cement NewsCement 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 April11 May 2022, Published under Cement NewsMoroccan 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 Nador24 January 2022, Published under Cement NewsCiments 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 note16 December 2021, Published under Cement NewsCement 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 dynamic01 June 2021, Published under Cement NewsPending 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 May05 June 2020, Published under Cement NewsMorocco’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 1Q2022 May 2020, Published under Cement NewsCiments 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 201902 March 2020, Published under Cement NewsThe 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 turnover29 November 2019, Published under Cement NewsCiments 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. |
Southerly expansion creates new cement capacity in Morocco27 September 2019, Published under Cement NewsThis week, LafargeHolcim reported cement volumes rising by more than two per cent in Morocco with construction of the company's 3500tpd Souss plant now advancing well and on course for commissioning by thyssenKrupp Industrial Solutions in the 3Q20. The greenfield project will see 1.2Mta added to the group's Moroccan production capacity, which currently stands at approximately 12.5Mta. This north African market is already due to see significant change with the recent acquisition by Cimen... |