Cement News tagged under: Morocco
Moroccan cement deliveries up by 8% in August08 September 2023, Published under Cement NewsDeliveries by members of Morocco’s cement association APC ( Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc ) have increased by 7.6 per cent YoY to 1,153,378t in August 2023 from 1,071,990t in August 2022, according to the Ministry of National Territory Planning, Land Planning, Housing and City Policy. The infrastructure segment increased its off-take in August 2023 by 30.2 per cent YoY to 71,224t, followed by an increase of 15.8 per cent YoY to 112,546t in... |
Morocco’s cement market expands by 24% in July14 August 2023, Published under Cement NewsMoroccan cement deliveries by APC members Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc in July 2023 increased by 23.9 per cent YoY to 780,927t from 630,479t in July 2022, according to the Ministry of National Territory Planning, Land Planning, Housing and City Policy, based on APC data. The key retail sector saw a 23 per cent YoY advance to 526,847t in JulY 2023 when compared with 428,521t in July 2022. Ready-mix concrete producers increased their off take by... |
Morocco's cement market contracts 14% in June06 July 2023, Published under Cement NewsTotal cement deliveries by APC members Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc declined 14.4 per cent YoY to 1,052,975t in June 2023 from 1,229,937t in June 2022, reported the country’s Ministry of National Territory Planning, Land Planing, Housing and City Policy, based on APC data. Construction companies reported a 30.6 per cent YoY drop in offtake to 38,702t in June 2023 while the retail sector saw sales fall by 17 per cent YoY to 610,166t. Deliverie... |
Morocco’s cement deliveries up 26% in May08 June 2023, Published under Cement NewsCement deliveries in Morocco saw a 25.7 per cent advance to 1,189,110t in May 2023 from 945,706t in May 2022, reported the country’s Ministry of National Territory Planning, Land Planing, Housing and City Policy, based on APC data. In terms of market segments, the key retail sales were up 18.5 per cent YoY to 740,303t, followed by the ready-mix concrete sector received 221,378t, up 48.3 per cent YoY. Deliveries to the prefabrication segment were up 34.2 per cent You to 113,938t while dispat... |
LafargeHolcim Maroc posts 3% advance in 1Q revenue01 June 2023, Published under Cement NewsHolcim-owned LafargeHolcim Maroc has reported a three per cent uptick in revenues to MAD2131m (US$209.2m) in the first quarter of 2023 from MAD2077m in the year-ago period. Morocco’s cement demand declined by 5.3 per cent to 3.248Mt in the January-March 2023 period when compared with the first three months of 2022, when consumption reached 3.248Mt. The company’s debts fell by five per cent YoY to MAD4887m at 31 March 2023. |
Ciments du Maroc 1Q turnover slips 4%31 May 2023, Published under Cement NewsCiments du Maroc , part of Heidelberg Materials , posted an unaudited turnover of MAD917.8m in the 1Q2023, down four per cent YoY from MAD955m in the 1Q22. Cement consumption in Morocco saw a 5.3 per cent drop in the January-March 2023 quarter when compared to the year-ago period. The company’s investments in the first quarter of 2023 increased one per cent YoY to MAD47.3m. Financial debt reached MAD42.4m, which corresponds to bank overdrafts. |
Moroccan cement deliveries see 21% drop in April03 May 2023, Published under Cement NewsCement deliveries by APC members Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc saw a 20.6 per cent fall to 716,483Mt in April 2023 from 902,513t in April 2022, according to the country’s cement association, APC. In the first two months of 2023 cement deliveries were down 8.5 per cent YoY to 3,964,276t from 4,330,632t in the 2M22. |
Morocco sees small increase in March deliveries11 April 2023, Published under Cement NewsCement deliveries in Morocco by APC members edged up by 0.6 per cent YoY to 1,195,305t in March 2023 from 1,188,217, according to the country’s cement association, APC. Deliveries include dispatches by Asment Temera, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc. In the first quarter of 2023 deliveries declined by 5.3 per cent to 3.248Mt from 3.428Mt in the 1Q22. |
Ciments du Maroc posts 25% drop in net profit in 202231 March 2023, Published under Cement NewsMorocco-based Ciments du Maroc , part of Heidelberg Materials , has reported a turnover of MAD4.043bn (US$395.4m) in 2022, representing a decrease of 2.1 per cent YoY from MAD4.128bn. The construction sector in Morocco was impacted by a significant slowdown in 2022, which worsened in the second half of the year, due to the global geopolitical context and draught affecting the country’s agricultural sector. Operating profit reached MAD1.327bn in 2022, down 18.1 per cent YoY from MAD1.62bn... |
Cement dispatches in Morocco down 11% in February31 March 2023, Published under Cement NewsCement deliveries in Morocco declined 10.8 per cent YoY to 991,906t in February 2023 from 1,111,350t in February 2022, according to the country’s cement association, APC. The data includes deliveries by Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc . In the first two months of 2023, sales volumes were down 8.4 per cent YoY to 2.052Mt from 2.24Mt in the 2M22. |