Cement News tagged under: Morocco

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Morocco halts further imports of RDF

15 July 2016, Published under Cement News

Morocco has suspended imports of European waste to be incinerated for energy after a spate of protests by environmental activists. The controversy broke out last month when local media reported that cement firm Lafarge Maroc had imported 2500t of Italian refuse-derived fuel (RDF) to burn as alternative fuel. Morocco produces huge amounts of waste itself but has no system of sorting and recycling it, prompting cement plants to import RDF, mainly from the European Union, to run incinera...

Morocco: protestors oppose Italian RDF imports

07 July 2016, Published under Cement News

Shipments of refuse-derived fuel (RDF) bound for Moroccan cement plants have sparked protests among environmentalists in Casablanca, Morocco World News reports. Around 2500t of RDF – mainly composed of tyres, plastic and rubber – arrived in Morroco at the end of last month, where it was to be used as fuel in plants in Casablanca and Settat. The Moroccan environment ministry has issued a statement in which it denied claims that the material was toxic and pointed out that the shipment wa...

Morocco: Ciments du Maroc cancels Safi wind farm project

07 June 2016, Published under Cement News

Ciments du Maroc, an Italcementi subsidiary, has abandoned plans to construct a wind farm at its Safi site on Morocco’s Atlantic coast, SeeNews Renewables reports. The company will instead explore the possibilities of buying in energy from local suppliers. Co mmenting on the decision, CEO, Mario Bracci, said: "Today, different opportunities exist and a number of supply contracts are being offered to us." Mr Bracci added that Ciments du Maroc was considering a deal with Nareva, an ener...

The Mediterranean and beyond

25 May 2016, Published under Cement News

The Mediterranean has always played a vital role in the world economy and international trade. In recent years its bordering countries have been affected by turmoil caused by various factors: the economic crisis, a fall in oil prices, increasing migration and Islamisation, political instability and wars. This uncertainty has affected construction investment and regional cement demand. For Mediterranean cement producers this has meant a need to find new markets and look beyond the usual horiz...

Moroccan cement demand slips 2.7% in April

24 May 2016, Published under Cement News

Following a positive first quarter, Moroccan cement demand fell 2.7 per cent in April as construction activity slowed and the real estate market was subdued. The decrease breaks with the growth recorded in the first quarter of 2016. The trend has been aided by a 12 per cent drop in housing starts while the decline in real estate loans and the financial situation of major development has subdued this part of the construction sector. Meanwhile, the cement industry has an installed capacity ...

Ciments du Maroc sees rise in 2015 net profit

04 March 2016, Published under Cement News

Ciments du Maroc, part of the Italcementi group, posted an 8.5 per cent rise in turnover to MAD3.73bn (US$376m) in 2015. Cement sales advanced 1.2 per cent while ready-mix concrete and aggregate sales increased by 38 and 30 per cent, respectively. The company’s operating result improved by 14.8 per cent to MAD1.17bn and net profit was up 34.5 per cent to MAD1.02bn.

Addoha reportedly to sell 30% African stake to HeidelbergCement

26 January 2016, Published under Cement News

It has been reported that the Moroccan Addoha Group will sell 30 per cent of its African assets to HeidelbergCement, according to local news sources. The value of the transaction is estimated at around MAD2bn (US$202m). When contacted, HeidelbergCement declined to comment. Following the construction of two cement plants in its home market of Morocco (Ben Ahmed and Beni Mellal), the Addoha Group has rapidly expanded its activities in Africa, launching subsidiary Ciments de L'Afrique (CIMAF...

Moroccan market recovers in late 2015

07 January 2016, Published under Cement News

Following a 21 per cent fall in September 2015, cement sales in Morocco rebounded in October and November as dispatches increased by 19.5 and 15.6 per cent, respectively, according to the Moroccan cement producers’ association, APC. Estimates for the full-year indicate a slight market expansion between 1-1.5 per cent in a year that was marked by demand instability. The modest growth is attributed in part to the malaise in the real estate sector. In addition, holidays such as Aïd Al Fitr an...

China’s ICBC and Anouar sign US$171m financing agreement

14 December 2015, Published under Cement News

Morocco’s investment group Anouar Invest has signed a financing agreement with the Industrial and Commercial Bank of China (ICBC) in the amount of US$171m for the construction of a cement works in Settat, Morocco. The project’s MAD2bn (US$203m) engineering, equipment and construction contract was awarded to Sinoma-CDI, which expects the new plant to be up and running by the end of 2018. Anouar Invest is also building a cement unit in Laâyoune.

Morocco: Anouar Invest starts construction on second cement works

20 November 2015, Published under Cement News

Moroccan holding company Anouar Invest announced the start of construction of a new cement works at Laâyoune. Located in Foum El Oued, the new Cimsud plant represents an investment of MAD300m (US$29.98m) and will have a capacity of 0.5Mta. The unit is expected to come online in July 2017. Anouar Invest has also launched work on a 2.2Mta cement plant in Settat, via its subsidiary Atlantic Ciment. The MAD3bn facility is scheduled to enter production at the end of 2018.