Cement News tagged under: North Africa

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Chryso acquires majority stake in APTEX

15 October 2020, Published under Cement News

The Chryso Group has signed of an agreement to acquire a majority stake in APTEX, a Moroccan construction chemicals company. The Chryso brand has made construction chemicals for the Moroccan market for more than 30 years, while APTEX has been operating for two years in the country, and has a production unit and an application laboratory located in Casablanca. The Chryso-APTEX joint venture will provide cement manufacturers, concrete and precast producers, applicators, construction comp...

No more plastic cement packaging in Tunisia

14 October 2020, Published under Cement News

Tunisia’s Ministry of Industry, Energy and Mines has repealed its joint order with the Ministry of Commerce that authorises the packaging of cement in plastic bags. The decision has been submitted to the Presidency of Governmnet for publication in the Official Journal of the Republic of Tunisia.

Cilas de Biskra exports 50,000t of clinker to Gabon

13 October 2020, Published under Cement News

Algeria-based cement producer Cilas de Biskra has exported a shipment of 50,000t of clinker from Annaba to Gabon, according to Hafid Ouchiche, export director of LafargeHolcim Algérie. It is the fourth export shipment to Africa by Cilas and since January, the company has exported 0.5Mt of clinker. However, there is a need to invest in the logistical development of the port of Annaba to increase its loading capacity from 10,000tpd to 18,000tpd and expand its storage capacity. Investment...

Libya's Zliten plant resumes production

13 October 2020, Published under Cement News

Libya’s Arab Union Construction Company (AUCC) has announced that its Zliten cement factory has resumed production, following a stoppage of more than a month. Production is expected to increase gradually, according to the Libya Herald. The high demand for cement in the country has sent prices soaring recently due to a shortage in supply. In August the price of local cement had risen to more than LYD75/t (US$53), compared to around LYD30 a year ago.

Morocco's cement market expands 8% in September

07 October 2020, Published under Cement News

Moroccan cement deliveries increased 7.9 per cent YoY to 1,244,689t in September 2020 from 1,154,101 in the year-ago period, according to data by the Ministry of Urbanisation and Housing. The infrastructure sector saw its deliveries rise by 36 per cent to 58,170t while building increased its offtake by 6.7 per cent to 58,187t. Sales to the prefabricated segment advanced by 14.4 per cent to 106,038t. Deliveries to the ready-mix concrete sector were up by 8.4 per cent to 199,911t. However, t...

Qalaa Holdings achieves 105% YoY growth in 2Q20

01 October 2020, Published under Cement News

Qalaa Holdings has reported its consolidated financial results for the quarter ended 30 June 2020, with revenues of EGP7.4bn (US$470m), up 105 per cent YoY. " Qalaa’s performance was anchored by a recovering cement market in Sudan and an optimised pricing strategy by Al Takamol, which played a key role in offsetting the impacts of Egypt's underperforming cement market," said Qalaa Holdings' Chairman and Founder, Ahmed Heikal.

Suez Cement expected to increase stake in Tourah Portland

30 September 2020, Published under Cement News

Egypt’s Suez Cement is expected to submit a tender offer to acquire up to 100 per cent of the issued capital of Tourah Portland Cement for EGP7.18 (US$0.45) per share, according to a disclosure to the Egyptian Exchange (EGX). Suez Cement already owns 66.12 per cent of Tourah. Upon the execution of the offer, the latter is expected to voluntary delist its shares from the EGX. HeidelbergCement is also proposing to launch a tender offer to increase its 55.08 per cent stake in Suez Cement t...

Egyptian Cement to inaugurate plant in 2021

23 September 2020, Published under Cement News

Egyptian Cement Group has announced plans to inaugurate a new plant in 2021, according to Ahmed Abou Hashima, CEO. The facility is located in Sohag and has a total investment cost of EGP4.5bn (US$285.79m). Egyptian Cement’s new factory will be the group’s "first investment seed" in the coming year, marking the first business expansion since the COVID-19 pandemic.

Arabian Cement sets sales targets

22 September 2020, Published under Cement News

Egypt’s Arabian Cement Co has set a domestic sales target of 3.94Mt of cement in 2020, the same value as last year, according to Sergio Alcantarilla, company CEO. Despite outlining the company’s year-end target for the local market, Mr Alcantarilla said that it is difficult to predict its exports in 2020. He noted that this year, the company only sold 2.56Mt during the 8M20 and exported 215,000t. This compares to a total of 2.51Mt sold during the same period last year, of which 283,000...

Moroccan market expands 19% in August

04 September 2020, Published under Cement News

Cement consumption in Morocco increased 19.4 per cent YoY to 865,681t in August 2020 from 725,359t in August 2019, according to data published by the country’s Ministry of Urbanisation and Habitat. However, in the first eight months of 2020 demand fell by 15.8 per cent YoY from 8,883,681t in the 7M19 to 7,482,031t in January-August 2020.