Cement News tagged under: Morocco

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Cement consumption in Morocco up 20% in September

12 October 2018, Published under Cement News

Cement sales in Morocco increased by 20.1 per cent YoY to 1.043Mt in September 2018 from 0.688Mt in September 2017, according to data from the Ministry of Urbanisation and Housing. In the first nine months of 2018, cement demand has fallen 2.7 per cent YoY to 9.799Mt from 10.07Mt in 9M17. The highest decline in the nine-month period was witnessed in the Fès-Meknes market, where sales fell 11.1 per cent to 0.804Mt. Casablanca-Settat, the country’s largest market, reported a drop of 6.3 per ...

Ciments du Maroc reports 1H turnover down 4%

24 September 2018, Published under Cement News

Ciments du Maroc posted a 1H18 turnover of MAD1.94bn, a 4.2 per cent decrease when compared with the same period in 2016. The sales volume of the company and its subsidiary Indusaha fell 2.6 per cent with domestic demand 2.9 per cent over the period. The gross operating surplus was MAD1bn, up 9.3 per cent as operating performance improved. Operating income rose faster than EBITDA (+12.5 per cent) to MAD739m. Net profit was down 5.1 per cent to MAD573m.

Moroccan cement demand falls 28% in August

21 September 2018, Published under Cement News

Cement consumption in Morocco declined 28.2 per cent in August 2018 to 881,411Mt when compared with August 2017, when 1,227,932t was sold, according to data of the Ministry of Housing and Urbanisation. Sales in the largest market, Casablanca fell by a third YoY to 193,737t while in Marrakech-Safi deliveries dropped by 13.1Mt to 135,824t over the same period. The Rabat-Salé area recorded the largest decline at 38.8 per cent to 109,722t. In Tanger-Tétouan demand contracted by a third to 105,...

Moroccan market expands 8% in July

13 September 2018, Published under Cement News

Cement demand in Morocco increased 7.8 per cent YoY to 1,298,479t in July 2018 from 1,204,101t in the previous year, according to data from the country's Ministry of Housing and Urbanisation. In the largest market, Casablanca-Settat, consumption edged up by 3.8 per cent to 282,680t. Sales in Marrakech-Safi, the second-largest consuming region, rose by 20.9 per cent to 180,131t. Advances were only higher in the much smaller markets of Guelmim (15,403t) and Drâa-Tafilalet 48,933t) where cons...

Moroccan cement market expands 13% YoY in June

10 August 2018, Published under Cement News

Moroccan cement consumption fell 2.9 per cent in the first half of 2018 to 6.57Mt when compared with 1H17. However, in June alone, domestic demand increased by 13 per cent from 721,846t in June 2017 to 815,842t.

Moroccan cement market contracts 5% in 5M18

20 June 2018, Published under Cement News

Moroccan cement sales fell by 4.8 per cent to 5.76Mt in the first five months of 2018 from 6.05Mt in the 5M17, according to the APC, the country’s cement association. The Casablanca-Settat market was down 6.7 per cent to 1.24Mt, but in Marrakech, the second-largest market. cement sales recovered by 8.4 per cent to 808,561t. Tangier-Tétouan-Al Hoceima saw a 3.3 per cent decrease in dispatches to 735,783t. In Rabat-Salé-Kenitra the market contracted 6.3 per cent to 719,034t. Cement produ...

Morocco’s APC elects new board

18 June 2018, Published under Cement News

The Association Professionnelle des Cimentier (APC) of Morocco has appointed Taraga Marouane, chairman of the Board of LafargeHolcim Morocco, as its new chairman. He succeeds Mohamed Chaïbi, who has been co-opted as a director and appointed special advisor to the newly-elected president of the PCA. The general assembly, which was held on 7 June, also appointed Malik Sefrioui as vice-president while the positioni of the treasurer general returns to Brahim Laraqui. Mohamed Boujnaoui has bee...

Moroccan cement consumption contracts 6% in 4M18

25 May 2018, Published under Cement News

Moroccan cement demand has fallen 5.7 per cent in the first four months of 2018, according to the country’s Department of Studies and Financial Forecasts, Ministry of Economy and Finance. The decline in cement sales reflects the moderate decline in April, when sales fell by 2.3 per cent following a 15.1 per cent fall in March. The drop has been attributed to heavy rains.

CIMAF plans 0.3Mta works at Bouaké

15 May 2018, Published under Cement News

Morocco-based CIMAF plans to build a 0.3Mta cement plant at Bouaké, northern Côte dIvoire. "The Bouaké plant has a capacity of 300,000t. We have acquired the land and are preparing the permits to start construction," said Khalid Iben Khayat, CIMAF’s regional director. CIMAF started its first plant project in the country in November 2011. The 0.5Mta works, which represents an investment of XOF20bn (US$36.4m), entered operation in August 2013. The company invested a further XOF80bn in d...

Moroccan cement market contracts 15% in March

10 April 2018, Published under Cement News

Moroccan cement demand declined 15.1 per cent YoY in March 2018 to 1,124,152t from 1,324,221t in the third month of 2017, according to the latest data from the country's Ministry of Housing and Urbanisation. The Casablanca-Settat market, the largest in the country, saw its requirement in March decrease by 19.1 per cent YoY to 236,503. However, dispatches to the Marrakech-Safi area saw a 7.9 per cent YoY increase to 176,785t while in Rabat-Salé-Kenira, they were down 19.5 per cent to 129,68...