Cement News tagged under: Morocco

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Moroccan cement consumption up 12% in October

04 December 2019, Published under Cement News

Cement demand in Morocco increased 12.1 per cent YoY to 1.355Mt in October 2019 when compared with 1.208Mt supplied in October 2018, according to data published by the country’s Ministry of Housing and Urbanisation. The largest share, 888,724t, was delivered to the wholesale segment, followed by ready-mix concrete companies (240,608t) and the prefabricated segment (108,116t). The building market accounted for 61,398t while around 55,930t of offtake was by the infrastructure sector. In th...

HeidelbergCement reduces its shareholding in Ciments du Maroc to 51%

02 December 2019, Published under Cement News

HeidelbergCement has announced the sale of around 0.5 million shares representing 3.6 per cent of Ciments du Maroc's share capital for an aggregate amount of approximately EUR73m. The shares were sold to certain Moroccan institutional investors through a block trade. Following this transaction, HeidelbergCement will retain a controlling stake of 51 per cent in Ciments du Maroc and continue to fully consolidate the company. "HeidelbergCement is fully committed to remain the long-term majo...

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.

Moroccan cement deliveries up 9% in September

16 October 2019, Published under Cement News

Cement dispatches in Morocco increased by 9.4 per cent YoY to 1.14Mt in September, up from 1.04Mt in September 2018, according to the country’s cement association, APC. Shipments to the distribution segment have increased 3.2 per cent YoY to 767,707t while to ready-mix concrete companies deliveries were up 43.8 per cent to 182,940t. A total of 42,783t was supplied to the infrastructure sector, representing a 17.2 per cent YoY rise, reported Aujourd’hui Le Maroc In the year to date, the M...

Southerly expansion creates new cement capacity in Morocco

27 September 2019, Published under Cement News

This 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...

LafargeHolcim Maroc announces net profit up 9% in 1H19

25 September 2019, Published under Cement News

LafargeHolcim Maroc has reported sales of MAD3.89bn (US$401.4m) in the 1H19, up 0.2 per cent YoY. The company’s operating profit increased 10.6 per cent YoY to MAD1.65bn while net consolidated profit appreciated 8.6 per cent to MAD965m. Return on capital investment reached 11.6 per cent. "Cement volumes are up 2.1 per cent in a market due to low rainfall at the beginning of the year, while sales on certain activities including the export of clinker and trading are down," explained the com...

Safi CO2 helps grow Omega Green algae

27 August 2019, Published under Cement News

Omega Green, the algae cultivator in Eemshaven, The Netherlands, has opened a 1ha production location in Safi, Morocco. The company will use the CO2 emitted by HeidelbergCement’s Safi works to grow algae. The cultivation firm also has plans to upgrade the facility to 4ha with, according to co-owner Bert Knol, long-term goals by the German cement producer to extend the area to 400ha. The algae absorb 80-100tpa of CO2 from the air, or equivalent to the electricity generation required to po...

Ciments du Maroc to acquire Atlantic Cement and Cimsud

29 July 2019, Published under Cement News

Ciments du Maroc has announced it has signed an agreement with Anouar Invest for the acquisition of two cement companies, Atlantic Ciment and Cimsud. Atlantic Cement is currently building an integrated cement plant in Settat province. Cimsud has a 0.5Mta grinding unit at Laâyoune. The acquisition is expected to be completed in the second half of this year and is subject to meeting several conditions.

Cement sales in Morocco up 4% in June

12 July 2019, Published under Cement News

Cement sales in Morocco increased 4.1 per cent to 815,842t in June 2019 YoY, according to the Association professionelle des cimentiers (APC). In the first half of the year, domestic cement demand has advanced 2.1 per cent to 6.57Mt when compared with the 1H18. Deliveries for the building sector expanded most rapidly by 37.4 per cent in the first six months.

FLSmidth wins Morocco contract

20 June 2019, Published under Cement News

FLSmidth and Société Générale des Travaux du Maroc (SGTM) signed a contract with TEKCIM SA to build a 3600tpd greenfield cement plant in Ouled Ghanem, El-Jadida province, Morocco. The turnkey contract, in which FLSmidth has a share of DKK335m (US$53.7m), includes the supply of a full range of equipment from crushing to packing and load-out as well as supervision, engineering, commissioning and training of the local workforce. "The project includes state-of-the-art equipment that will prov...