Cement News tagged under: Morocco
LafargeHolcim posts 8% drop in 1H net profit13 September 2024, Published under Cement NewsLafargeHolcim Maroc reported a turnover of MAD3.69m (US$378m) in the first half of 2024, representing a 10.6 per cent decline when compared with the year-ago period. The decrease has been attributed to the commissioning of new cement capacity in Morocco as well as the drop in clinker export demand. Current operating income for the six-month period remained largely stable at MAD1.46bn when compared with the equivalent period of the previous year (MAD1.468bn) as the company reduced production... |
Moroccan market expands 10% in August04 September 2024, Published under Cement NewsCement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc in Morocco advanced by 9.7 per cent YoY to 1,265,106t in August 2024 from 1,153,378t in August 2023, according to Morocco’s cement association, APC. Dispatches to the distribution segment were up 5.6 per cent to 721,796t in August 2024 from 683,550t in August 2023 while deliveries to the ready-mix concrete segment increased 21.7 per cent YoY to 295,921t from 243,232t. Off-take by the prefa... |
Moroccan cement market expands 52% in July05 August 2024, Published under Cement NewsTotal cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim surged 52.3 per cent YoY to 1,189,016t in July 2024, up from 780,954t in July 2023, according to Morocco's cement association, APC. In the January-July 2024 period there was a 6.8 per cent uptick in deliveries to 7.465Mt when compared with 6.987Mt in the 7M23. |
Morocco's cement market contracts 29% in June05 July 2024, Published under Cement NewsTotal cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim contracted by 29.1 per cent YoY to 746,158t in June 2024 from 1,052,975t in June 2023, according to Morocco's cement association, APC. The retail segment reduced its off-take by 30.2 per cent YoY to 426,077t in June 2024 from 610,167t while deliveries to the ready-mix concrete segment were down by 29.9 per cent YoY to 171,390t from 244,650t in the same period. The prefab... |
Cement deliveries in Morocco advance 20% in May06 June 2024, Published under Cement NewsCement deliveries in Morocco by APC members – Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim – increased by 20 per cent to 1,426,978t in May 2024 from 1,189,112t in May 2023, according to Morocco's Ministry of National Planning, Urban Planning and Housing. Of this total, 807,246t was delivered to the retail segment, up 9.1 per cent YoY from 739,639t in May 2023, and 334,609t was supplied to the ready-mix concrete sector, a 50.3 per cent hike... |
Morocco’s cement deliveries advance 21% in April16 May 2024, Published under Cement NewsCement deliveries in Morocco by APC members – Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim – increased by 21.1 per cent YoY to867,743t in April 2024 from 716,483t in April 2023, according to the country's Ministry of National Planning, Urban Planning and Housing. Of this total, 55,861t was supplied in April 2024 to the infrastructure sector, up 60.2 per cent YoY as the government continues to invest in the country’s infrastructure. In April... |
APC elects Saïd Elhadi as new president03 May 2024, Published under Cement NewsMorocco's cement association, APC, has elected Saïd Elhadi as its new president, it said in a press statement. Mr Elhadi, president of LafargeHolcim Maroc , will take over from Khalid Cheddadi. The association thanked Mr Cheddadi for his service and dedication. APC members operate a total of 14 integrated cement plants and seven grinding units with a total capacity of over 24.5Mta. |
Moroccan cement deliveries fall 14% in March22 April 2024, Published under Cement NewsCement deliveries in Morocco dropped 14 per cent YoY to 1,028,481t in March 2024, according to the country's cement association, APC. Sales by its members – Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim – were down from 1,195,305t in March 2023. Deliveries to the retail sector fell 20.7 per cent to 575,731t in March 2024 from 725,926t in March 2023. The ready-mix concrete segment reduced its off-take by three per cent YoY to 238,646t from 24... |
Morocco’s cement deliveries expand by 9% in February06 March 2024, Published under Cement NewsCement deliveries by members of Morocco’s cement association, APC ( Asment Temara , Ciments de l’Atlas , Ciments du Maroc, LafargeHolcim Maroc and Novacim ) increased by 8.5 per cent YoY to 1,076,538t in February 2024 from 991,906t in February 2023, according to he Ministry of National Territory Planning, Land Planning, Housing and Urban Policy. Of this total, deliveries to the retail sector edged up by 2.6 per cent YoY to 624,585t from 608,702t in February 2023. Sales to the ready-mi... |
LafargeHolcim Maroc posts 3% pick-up in revenue05 March 2024, Published under Cement NewsLafargeHolcim Maroc reported a revenue of MAD8212m (US$816.2m) in 2023, up 2.8 per cent YoY from MAD7975m in 2022. The advance is attributed to higher cement sales and increased clinker exports. In the 4Q23 alone, revenue was up 2.3 per cent YoY due to higher cement sales in the domestic market. LafargeHolcim Maroc decreased its net debt by 11.3 per cent to MAD4864m at the end of 2023 from MAD5486m at the end of 2022. |