Cement News tagged under: Morocco

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Decline in housing starts dent Moroccan demand

15 July 2014, Published under Cement News

The first half of 2014 has seen cement sales in Morocco experience a 4.4 per cent decline to 7.435Mt, latest figures released by the country's cement producers' association, APC, show. Industry analysts expect Morocco to experience a further year of decreasing sales after deliveries to the domestic market were down 6.3 per cent YoY at the end of 2013. According to Attaijari Intermediation, a 4.4 per cent drop in domestic cement sales is forecast by the end of 2014, mainly due to a signifi...

LH Merger: LatAm, Asia, Africa

07 July 2014, Published under Cement News

The Lafarge Holcim merger is being viewed as a good geographical fit in emerging markets given Lafarge’s strong presence in the Middle East and Africa, and Holcim’s significant exposure to Latin America and the Asia-Pacific region. However, regional overlaps in certain key markets are likely lead to the expected disposal of assets. Latin America Moves to address anti-trust concerns already appear to be underway with Lafarge last month confirming the sale of its cement operations in Ec...

Moroccan cement sales notes 4.5 per cent drop in May

10 June 2014, Published under Cement News

Cement sales in Morocco continue to decline as dispatches in May fell 4.46 per cent, bringing the year-to-date fall to 3.37 per cent. The largest decrease was noted in the region of Oued Eddahab-Lagouira where sales plunged 18.5 per cent YoY to 13,273t. In Casablanca sales slipped 1.9 per cent to 835,469t in May 2014. However, in Guelmim-Es-Smar sales jumped 27.4 per cent to 97,353t. Moroccan cement producers have seen the domestic market contract significantly since 2012 when sales fe...

Cement price rise 2.5% in Morocco

04 June 2014, Published under Cement News

The price of a bag of cement in Morocco will rise between 2-2.5 per cent to MAD1400/t (US$170), mainly on the back of higher fuel prices. In addition, cement stocks have decreased by 3.37 per cent between January-May 2014.

Ciments du Maroc to invest in grinding unit

03 June 2014, Published under Cement News

Ciments du Maroc will be investing MAD170m (US$20.7m) in a new grinding unit in Jorf Lasfar, 110km southwest of Casablanca. The grinding centre will have a capacity of around 0.45Mta. Located 5km from the port of Jorf Lasfar, the facility will include a horizontal cement mill, two rotary eight-nozzle bagging machines, automatic truck loading and two bulk loading stations. Storage for raw materials will include 2 x 4000t of clinker, 2200t of limestone, 1200t of gypsum and 800t of fly ash. ...

Moroccan cement sales fall 3.1% in April

23 May 2014, Published under Cement News

Cement sales in Morocco took a further dip in April, declining by 3.1 per cent YoY, according to the Ministry of Economy and Finance. For 2014, the cement industry expects another challenging year. Holcim Maroc forecasts a four per cent decline, in addition to the 6.3 per cent market contraction experienced in 2013.

Morocco: March cement sales up 8.23%

10 April 2014, Published under Cement News

Cement sales in Morocco expanded 8.23 per cent YoY in March, offering local cement producers hope for a better year after a difficult start. However, with a sales decline of 3.18 per cent in the January-March period cement sales have still not recovered. The region of Oued Ed-Dahab-Lagouira experienced the largest fall in sales in the first three months of the year with a 19.9 per cent drop. The largest volume was sold in Greater Casablanca where 478,781t represented a YoY decrease of 2.6 ...

Lafarge Ciments plans Moroccan integration

26 March 2014, Published under Cement News

Lafarge’s Moroccan subsidiary Lafarge Ciments will be proposing a merger with Lafarge Bétons and Lafarge Granulats, its concrete and aggregates divisions at the company's next General Meeting. "This will allow the deployment of an integrated development strategy of service offers and constructive solutions and, a stronger cooperation between the Group's various activities. It would also implement the synergies between the different business areas and improve the positioning and visibility...

Morocco: February cement sales slip 5.4%

19 March 2014, Published under Cement News

Moroccan cement sales decreased by 5.4 per cent in February, resulting in a drop of 9.1 per cent in the first two months of 2014, according to the country’s Ministry of Finance. While the market continues to contract, when compared with the same period of 2013, the decrease is less marked. In Jan-Feb 2013, sales fell by 18.4 per cent. The ministry attributed the improvement to the recovery in real estate credit, which it believes will pave the way for further advances in the coming mo...

CIMAF to construct new Ghana cement facility

05 March 2014, Published under Cement News

The government of Ghana has signed an agreement with CIMAF of Morocco for the construction of a 1Mta cement facility. According to the terms of the agreement signed on Monday, 3 March 2014, the new plant is to be located close to the city of Tema, local media reported. The agreement was signed by Mawuena Trebarh on behalf of Ghana’s Minister of Trade, Haruna Iddrisu as well as Saad Sefrioui, General Director of Ciments de l'Afrique (CIMAF Ghana Ltd). “CIMAF Ghana Limited plans to bui...