Cement News tagged under: Morocco
Morocco’s market contracts 23% in April11 May 2022, Published under Cement NewsMoroccan cement deliveries by Asment Temara ( Votorantim Cimentos ), Ciments de l'Atlas ( Addoha Group ), Ciments du Maroc ( HeidelbergCement Group ) and LafargeHolcim Maroc ( Holcim ) contracted by 22.8 per cent to 902,513t in April 2022 when compared with 1,169,122t in April 2021, according to Morocco’s cement association, APC. In the first four months of 2022 cement deliveries slipped by 5.1 per cent YoY to 4.331Mt from 4.563Mt in the January-April 2021 period. |
March deliveries in Morocco down 7% YoY07 April 2022, Published under Cement NewsCement deliveries in Morocco declined seven per cent YoY to 1,188,217t in March 2022 from 1,277,221t according to data published by the Ministry of Housing and Urbanisation. The data include the dispatches of members of the cement producers’ association, APC (Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc). The downturn in cement deliveries has been attributed to inclement weather, the tightening of credit conditions for real estate development and a rise in b... |
Votorantim Cimentos' regional results in 2021 reach almost record levels04 April 2022, Published under Cement NewsVotorantim Cimentos reported close to record growth in all regions for its performance in 2021 with total cement sales of 37.2Mt across all regions. “Our business strategy and recent acquisitions, combined with our resilience and operational excellence led us to achieve sales growth in all regions and to close the year with record results,” said Marcelo Castelli, global CEO of Votorantim Cimentos. In Brazil Votorantim Cimentos had net revenue of BRL10.3bn (US$2.1bn) in 2021, a ... |
Votorantim Cimentos reports net profits of BRL1.6bn in 202101 April 2022, Published under Cement NewsVotorantim Cimentos ended 2021 with net profit of BRL1.6bn (US$337m), an increase of 244 per cent compared to 2020, primarily due to better operating results with growth in sales in all regions where the company operates and gains related to the consolidation of acquisitions made in North America and Spain. Global net revenue was BRL22.3bn, an increase of 33 per cent compared to 2020, as a result of the combination of favourable pricing dynamics, especially in Brazil and North America, ... |
Moroccan deliveries advance 3% in February10 March 2022, Published under Cement NewsCement deliveries in Morocco increased 2.9 per cent YoY to 1,111,349t in February 2022 from 1,079,983 according to data published by the Ministry of Housing and Urbanisation. The data include the dispatches of members of the cement producers’ association, APC (Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc). In the first two months of 2022, dispatches advanced 5.8 per cent to 2,239,901t, up from 2,166,989t in the 2M21. |
Morocco sees 9% uptick in January cement deliveries11 February 2022, Published under Cement NewsCement sales in Morocco by APC members (Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc) increased by 8.8 per cent YoY to 1,128,552t in January 2022, according to the Ministry of Housing and Urbanisation. In January 2021 sales reached 1,037,006t. |
Moroccan cement deliveries up 7% in December07 January 2022, Published under Cement NewsCement deliveries in Morocco increased 6.9 per cent YoY to 1,255,552t in December, according to data from the Ministry of Housing and Urbanisation. In December 2020 APC members Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc supplieda total of 1,174,183t of cement. For the full-year 2021, cement dispatches advanced 14.8 per cent YoY from 12.174Mt in 2020 to 13.975Mt in 2021. |
Morocco's listed cement producers to end 2021 on positive note16 December 2021, Published under Cement NewsCement producers listed on the Casablanca Stock Exchange are expected to end 2021 with net results up 30.1 per cent YoY, according to Ecofin Agency. The positive performance is driven by active real estate and construction sectors. Holcim Group and Ciments du Maroc posted favourable operating conditions despite the COVID-19 health crisis with combined consolidated sales of MAD8.7bn (US$939m) in the January-September 2021, compared to MAD7.4bn in the 9M20. Their combined domestic cement sale... |
Morocco’s cement dispatches up 11% in November07 December 2021, Published under Cement NewsMoroccan cement deliveries increased 11.4 per cent YoY to 1,227,984t in November 2021 from 1,102,003Mt in November 2020, according to data from the Ministry of Housing and Urbanisation. The deliveries were made by APC members, ie Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc. In the January-November 2021 period deliveries were up 15.6 per cent YoY to 12,719,348t from the 11M20, when 11,000,288t were dispatched. |
Morocco’s cement deliveries advance 1% in October17 November 2021, Published under Cement NewsMoroccan cement delivers edged up 0.8 per cent in October 2021 to 1,254,798t from 1,245,064t in October 2020, according to the Ministry of Housing and Urbanisation. The data apply to members of the domestic cement association, APC – Asment Temara, Ciments de l’Atlas, Ciments du Maroc and Holcim Maroc. In the January-October 2021 period 11.491Mt of cement was supplied to the domestic market by these producers, a 16.1 per cent increase when compared with 9.898Mt in the 10M20. |