Cement News tagged under: Morocco
Southerly expansion creates new cement capacity in Morocco27 September 2019, Published under Cement NewsThis 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 1H1925 September 2019, Published under Cement NewsLafargeHolcim 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 algae27 August 2019, Published under Cement NewsOmega 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 Cimsud29 July 2019, Published under Cement NewsCiments 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 June12 July 2019, Published under Cement NewsCement 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 contract20 June 2019, Published under Cement NewsFLSmidth 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... |
APC members see May sales fall 13%13 June 2019, Published under Cement NewsAsment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc – members of Morocco’s cement association, APC – have seen their sales rise by 1.9 per cent YoY to 5.868Mt in the first five months of 2019 when compared with 5.761Mt in the 5M18, according to the country's Ministry of Urbanisation. However, in May sales fell by 13 per cent YoY to 1.06Mt from 1.219Mt in May 2018. Sales have been affected by Ramadan and celebrations of Eid El Fitr and Eid Lakbir, according to an APC ... |
Moroccan cement deliveries stable in April16 May 2019, Published under Cement NewsCement deliveries in Morocco remained stable in April 2019 at 1.241Mt when compared with the 1.233Mt sold in April 2018, according to the country’s Ministry of Urbanisation and Housing. Of this total, sales in the distribution segment, the largest domestic market, fell by 4.1 per cent YoY, but those in the ready-mix sector, the second-largest segment, advanced by 15.8 per cent to 211,949t. Deliveries to the housing sector improved 37.9 per cent to 66,651 while the prefab industry increased... |
Moroccan cement demand advances 14% in March03 April 2019, Published under Cement NewsMorocco’s cement market expanded by 13.7 per cent to 1,278,216t in March 2019 when compared with 1,124,152t in March 2018, according to the country's Ministry of Urbanisation and Housing. In the first quarter of 2019, cement demand increased 7.8 per cent YoY to 3,567,943t from 3,308,935t in 1Q18. |
LafargeHolcim Maroc appoints new Chairman of the Board25 March 2019, Published under Cement NewsLafargeholcim Maroc has appointed Ali Fassi Fihri, former chief executive of the National Office for Drininking Water and Electricity (ONEE), to chairman of the board. Mr Fihri, who was dismissed from ONEE by King Mohammed VI in October 2017, now replaces Tarafa Maraouane, who resigned from his position. |