Cement News tagged under: Morocco

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Moroccan cement demand declines 4% in January

15 February 2018, Published under Cement News

Cement consumption in Morocco fell 4.4 per cent in January to 1,114,857t from 1,166,184t in January 2016, according to the country’s Ministry of Housing and Urbanisation. In the country’s largest market, Casablanca-Settat, sales fell 8.6 per cent to 254,328t. However, a more positive development was noted in Marrakech-Safi, which saw demand expand by 9.6 per cent to 155,173t. Rabat-Salé-Kénitra saw demand slip 1.25 per cent to 146,466t while in Tanger-Tétouan-Al Houceima the offtake was 4...

LafargeHolcim announces new regional structuring

12 February 2018, Published under Cement News

LafargeHolcim has also announced a new organisation structure of the group and regions. Under the new structure, 35 markets now report directly to the Region Heads, instead of 20. "This will strengthen our emphasis on developing and executing winning market strategies, thereby fully empowering the profit and loss responsibility of the countries," said Jan Jenisch, LafargeHolcim CEO. Among the key changes, Philipp Leutiger has joined the Group as Chief Digital Officer to create global, ...

George Michos appointed CEO of LafargeHolcim Maroc

09 February 2018, Published under Cement News

George Michos has been appointed CEO of LafargeHolcim Maroc, according to Medias24. Mr Michos has replaced Marcel Cobus in the role, who has moved to take charge of the Europe region on LafargeHolcim’s executive committee. Mr Michos has also been co-opted as a director of the company. George Michos previously held several senior positions within the group. Most recently, he has been the managing director of Heracles General Cement Co, Greece.

Morocco’s cement demand declines 3% in 2017

19 January 2018, Published under Cement News

The Moroccan cement market contracted 2.5 per cent to 13,791,222t in 2017 when compared 14,151,095t in 2016, according to the country’s cement association, APC. The fall takes consumption to the lowest level in a decade. Major demand areas such as Casablanca-Settat and Tangier-Tetouan-Al Hoceima saw significant declines in consumption. Casablanca-Settat noted a 4.2 per cent YoY fall to 3,031,546t while cement sales in Tangier-Tetouan-Al Hoceima dropped 2.6 per cent YoY to 1,822,419t. T...

Moroccan demand up 5% in November

15 December 2017, Published under Cement News

Cement demand in Morocco increased 5.2 per cent YoY in November 2017 to 1,274,165t from 1,211,298t in October 2016, according to data by the country's Ministry of Housing and Urbanisation. Market expansion was particularly strong in Dakhla-Oued Ed-Dahab, which saw consumption increase 47.6 per cent to 8500t in November when compared with November 2016 volumes. The Tanger-Tétouan-Al Hoceima market also noted robust growth at 17.2 per cent YoY to 170,583t as did he Rabat-Salé-Kénitra market...

Moroccan demand stable in October

22 November 2017, Published under Cement News

Cement demand in Morocco edged up 0.3 per cent in October 2017 to 1,320,030t from 1,316,225t in October 2016, according to data by the country's Ministry of Housing and Urbanisation.  Market expansion was particularly strong in Laâyoune-Sakia Elhamra, where demand increased 44.8 per cent to 32,792t in October 2017 from 22,644t in October 2016, and in Dakhla-Oued Ed-Dahab, which saw consumption increase 63.7 per cent from 4476 to 7327t over the same period. Both Souss-Massa and Marrakech-S...

Ciments du Maroc posts 20% rise in net profit

22 September 2017, Published under Cement News

Ciments du Maroc reported consolidated sales of MAD2.029bn in 1H17, up 1.1 per cent YoY. Consolidated EBITDA remained stable at MAD929m. Net profit advanced by 19.8 per cent from MAD503m in 1H16 to MAD603m one year later, mainly due to a reduction in taxes. The company said sales reflected the annual slide in sales volumes during Ramadan which saw deliveries fall 6.9 per cent when compared with 1H16. Nationally, cement volumes decreased 9.2 per cent. However, a significant rise in exp...

Moroccan market sees 10% YoY contraction in August

20 September 2017, Published under Cement News

Moroccan cement consumption decreased by 10.3 per cent YoY to 1,227,932t in August 2017 from 1,368,884t in the year-ago period, according to the country’s Ministry of Housing and Urbanisation. The largest above-average market contractions were noted in Drâa-Tafilalet, where consumption plummeted 26.3 per cent to 35,736t, and Oriental, which saw demand fall by 20.7 per cent to 97,781t. The largest regional market Casablanca-Settat also saw a significant downturn as sales fell some 12 per ce...

Morocco July sales see 42% hike

11 August 2017, Published under Cement News

Cement sales in Morocco increased 42 per cent in July, jumping to 1.2Mt, when compared with the year-ago period. The rise in sales has been attributed to “the resumption of self-construction, which represents 40 per cent of national demand, encouraged by the massive influx of Moroccans residing abroad,” according to L’Economiste. In addition, a revival in the public works, particularly road projects in Casablanca, is key to the pick-up in demand. The Casablanca-Settat market absorbed 2...

Moroccan monthly sales down 31%

17 July 2017, Published under Cement News

The Moroccan cement market contracted in June by 30.6 per cent YoY to 721,846t from 1,039,544Mt in June 2016, according to the country’s Ministry of Housing. The drop in sales was attributed to a slowdown in construction activity. In the first half of 2017, demand decreased 9.24 per cent to 6,771,681t with all parts of country seeing a drop in sales, apart from a few southern provinces. The largest MoM decline was reported in the eastern region, where sales fell by 39.8 per cent, from...