Cement News tagged under: North Africa
Suez Cement CEO calls for government to support industry24 July 2020, Published under Cement NewsJose Maria Magrina, CEO of Suez Cement (HeidelbergCement), has called for the government to set out a plan to rationalise the Egyptian cement market. "There is a large surplus in the market in the last four years," added Mr Magrina. "Therefore, there is a lot of excess supply and very eager manufacturers who want to sell, no matter the cost and environment that demand cannot match the higher costs, so everybody is competing against each other for a much smaller market." Mr Magrina believes... |
Carthage Cement posts 16% drop in 1H revenues24 July 2020, Published under Cement NewsTunisia-based Carthage Cement has seen its revenues fall 16 per cent to TND102m (US$37m) in the 1H20 due to the stoppage of its operations between 28 March and 28 April 2020. Exports by the company dropped 92 per cent from TND12.4m in the 1H19 to TND1m in the first six months of 2020. However, exports to Italy restarted in June. Domestic sales slipped by one per cent YoY despite the stop in activity for more than a month. However, the company reduced its debt to TND440.7m by the end of J... |
Moroccan cement deliveries up 33% in June23 July 2020, Published under Cement NewsCement sales in Morocco increased 33 per cent MoM in June, according to the Department of Studies and Financial Forecasts of the country’s Ministry of Economy, Finance and Administrative Reform. When compared with June 2019, deliveries are up 2.5 per cent. The rebound follows the gradual easing of COVID-19-related lockdown from 11 June 2020. In terms of construction market segments, infrastructure saw the largest recovery with deliveries increasing 68.7 per cent MoM, followed by ready-mix c... |
SCAEK completes first stage API certification22 July 2020, Published under Cement NewsAlgeria-based Société des Ciments de Ain El Kebira (SCAEK) has succesfully completed the first phase of the American Petroleum Institute audit to certify petroleum cement as a new product manufactured by the cement producer. The first step was originally planned for last March but was then postponed to July 2020 due to the coronavirus pandemic. The company was awarded the API label in July 2019. The next monitoring stage is scheduled for March 2021, according to SCAEK. Once certified, the ... |
Egypt sees cement sales surge 42% in June21 July 2020, Published under Cement NewsEgypt's cement industry has reported a sudden surge in total sales, recording 3.64Mt during June 2020, including minimal exports, up 42 per cent MoM and one per cent YoY. June's improvement follows on from one of the lowest monthly sales run rates on record during May, which were impacted by the coronavirus (COVID-19) pandemic and the partial lockdowns. The MoM turnaround was recorded across companies including Suez Cement, which reported a sales growth of 55 per cent MoM and 24 per cent... |
Dal Engineering wins north African ball mill order21 July 2020, Published under Cement NewsDal Engineering has won an EPC contract to supply a new grinding plant in north Africa. DAL Engineering has signed a contract to supply a ball mill measuring 3m x10m for the project, which was shipped on 19 June 2020. |
Moroccan cement demand expands 33% in June03 July 2020, Published under Cement NewsCement consumption in Morocco increased 33 per cent YoY to 1,129,708t in June 2020 when compared with June 2019, when demand stood at 849,524t, according to data by the country's cement association, APC. However, in the first half year of 2020 domestic sales fell 18.5 per cent YoY to 5.473Mt, down from 6.718Mt reported in the 1H19. |
Egyptian cement exports decline by 32% Jan-May 202002 July 2020, Published under Cement NewsEgyptian cement exports declined by roughly 32 per cent during the first five months of 2020 to US$47m, compared to US$68m during the same period in 2019. Egypt exported cement in the 5M20 to about 51 countries, including 18 countries who had not imported Egyptian cement in the same quarter in 2019, reports Egypt Today. |
Tourah Portland Cement sees loss widen in 1Q2029 June 2020, Published under Cement NewsEgypt’s Tourah Portland Cement has seen its net loss widen to EGP64.9m (US$4m) in the first quarter of 2020, compared to EGP50.9m in the 1Q19. The company also reported an 82.8 per cent YoY decline in sales to EGP50m from EGP290.8m. |
National Cement Co reopens Souq Al-Khamis factory29 June 2020, Published under Cement NewsLibya’s Economic and Social Development Fund has announced National Cement Co will be resuming production at its Souq Al-Khamis factory. The fund said security conditions in the region, which saw intensive fighting during the aggression on Tripoli, have improved since the cessation of military operations and the defeat of the Haftar militias in southern Tripoli. Therefore, the 1Mta plant will be able to operate once again. |