Cement News tagged under: North Africa
Carthage Cement improves 1Q cement exports22 April 2022, Published under Cement NewsTunisia-based Carthage Cement has improved its export turnover in the first quarter of 2022. Exports were up 32 per cent YoY to TND65m (US$21.8m). The company’s total turnover reached TND83.9m, up 3.4 per cent when compared with the 1Q21. The increase was achieved despite a challenging building and public works market. In terms of production in the first three months of 2022, Carthage Cement produced 398,284t of clinker, which represents an advance of seven per cent YoY. Cement product... |
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... |
Titan Cement introduces digital transformation to Egyptian plants04 April 2022, Published under Cement NewsTitan Cement ’s in-house proprietary advanced analytics methodology has been successfully rolled out in the company’s two cement plants in Egypt , following the successful implementation in Titan’s cement plants in Greece. In close cooperation with Titan’s Digital Center of Competence and, after a deep ‘dive’ into 16 years of data, the company’s teams teams in Beni Suef and Alexandria cement plants have applied the methodology that enables the company to minimise the total cost of s... |
Sinai Cement reports higher sales, narrow loss in 202104 April 2022, Published under Cement NewsEgypt-based Sinai Cement Co , owned by Vicat , reported a 61.9 per cent increase in sales to EGP1.44bn (US$78.8m) in 2021 when compared with 2020 when the company sold to a value of EGP889.2m. The company also narrowed its loss to EGP354m in 2021 from EGP560.3m in 2020. |
Lafarge Algeria exports 0.9Mt in 1Q2201 April 2022, Published under Cement NewsHolcim -owned Lafarge Algérie has exported nearly 0.9Mta of cement and clinker in the first quarter of 2022. The volume represents an 87 per cent rise when compared with the 1Q21, when 482,000t of products were exported. A considerable volume of clinker as well as white and grey cements were exported from Oran, Mostaganem, Jijele, Annaba and Skikda. This includes 30,000t of white cement, shipped from the port of Oran to Mexico and Guatemala. In addition, Lafarge Algérie also delivered 3... |
Suez Cement Group appoints new CEO28 March 2022, Published under Cement NewsEffective 1 May, José Maria Magrina, who led the Suez Cement Group of Companies as CEO for the last six years, will leave the company and start a new position with HeidelbergCement Trading as CEO. Mr Magrina has vast international experience in various executive roles. His professional career started at PricewaterhouseCoopers as a management consultant. Two years later, he joined Deloitte in a similar position where he focused on supply chain optimisation, market research and strat... |
Vicat and Egypt settle investment dispute24 March 2022, Published under Cement NewsEgypt’s Prime Minister, Mostafa Madbouli, and the Minister of Justice, Omar Marwan, have witnessed the signing of a final settlement agreement on the country’s investment dispute with Vicat , a shareholder in Sinai Cement Co . The agreement was signed by Minister of International Cooperation, Rania el Mashat on behalf of the government, and Vicat’s Chairman and CEO, Guy Sidos. Under the agreement, the arbitration case between the two parties before the International Center for Settlemen... |
El Nahda Cement and ASEC extend technical management contract15 March 2022, Published under Cement NewsThe contract between El Nahda Industries ( El Nahda Cement) and The Swiss Arab Engineering Company (ASEC) has been renewed and the cooperation between the two companies will continue for another year until 31 March 2023. ASEC has been technically managing The Renaissance Cement factory since 2011. The renewal of the contract was signed by Ahmed Shrien Karim, CEO and managing director of El Nahda, and Ashraf Al-Kahwa, CEO and managing director of ASEC, and the signing was attended by a n... |
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. |
Misr Beni Suef Cement net profit surges to EGP169m in 202101 March 2022, Published under Cement NewsEgypt-based Misr Beni Suef Cement reported a net profit after tax of EGP169.05m (US$10.8m) for 2021, surging from EGP76.38m in 2020, according to the company’s financial statement filed to the Egyptian stock exchange (EGX). Sales slipped to EGP1.12bn last year from EGP1.19bn in 2020. |