Cement News tagged under: North Africa
South Valley Cement reports decline in net losses in 202208 March 2023, Published under Cement NewsEgypt’s South Valley Cement has reported sales in 2022 of EGP873.73m (US$28.3m), up from EGP284.62m in the previous year, according to Zawya. Over the same period, the company saw a net loss of EGP208.74m, compared to a loss of EGP225.45m in 2021, giving a loss per share of EGP0.43 as of 31 December 2022, versus EGP0.47 at the same time a year earlier. |
Algeria eyes improved exports14 February 2023, Published under Cement NewsA general election in 2023 has encouraged the Algerian government to push through reforms against the tide of rising inflation and cost of living crisis. Public revenues are stretched following the COVID-19 pandemic and low hydrocarbon prices. While the domestic market has been slow to recover, exports are bolstering producer revenues. With a domestic market slow to recover, Algeria’s cement producers are looking to exports to maintain capacity utilisation rates Algeria’s b... |
Moroccan cement deliveries fall 6% in January03 February 2023, Published under Cement NewsCement deliveries by members of Morocco’s cement association, APC, declined by six per cent YoY in January 2023 to 1,060,585t from 1,128,552t in January 2022, reported the cement association. The data reflects the sales by Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc. In 2022 cement deliveries by APC members saw a 10.7 per cent fall YoY to 12.487Mt from 13.975Mt in 2021, according to APC. |
Les Ciments de Bizerte reports 5% revenue drop in 202230 January 2023, Published under Cement NewsRevenues of Tunisia-based Les Ciments de Bizerte saw a five per cent decline to TND123.8m (US$40.1m) in 2022 from TND130.8m in 2021. Domestic revenues edged up by 1.6 per cent YoY to TND112.4m in 2022, but exports were down 43.5 per cent YoY to TND11.4m from TND20.2m. Clinker production fell 24.2 per cent to 538,150t and 553,883t of cement. The drop in output was attributed to disruptions in raw material supply due to land issues. The company’s debt stood at TND153.9m on 31 December ... |
Moroccan cement sales down by quarter in December05 January 2023, Published under Cement NewsCement deliveries in Morocco decreased by 25 per cent in December 2022 to 942,317t from 1,255,552t in December 2021, according to the country’s cement association, APC. The monthly total includes sales by APC members Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc . In the full-year 2022 total deliveries fell by 10.7 per cent to 12.487Mt from 13.975Mt in 2021. |
NOVACIM SA produces first cement at Ouled Ghanem plant21 December 2022, Published under Cement NewsThe Ouled Ghanem Cement plant near El Jadida, Morocco, has produced its first cement. NOVACIM SA (formerly known as TEKCIM) has successfully started its new cement works, with FLSmidth providing the facility with its latest equipment, including the first vertical OK™ Mill installed in Morocco. Upon final commissioning, the plant is expected to produce around 1.4Mta of cement and 1.1Mta of clinker, helping to meet increasing demand for housing and infrastructure projects in Morocco and... |
Cement deliveries in Morocco down 9% in November15 December 2022, Published under Cement NewsCement deliveries by members of Morocco’s cement association, APC, ( Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc ) were down 9.4 per cent YoY to 1,112,013t in November 2022, according to the cement association. In the January-November 2022 period dispatches were down by 9.2 per cent to 11.544Mt when compared with the 12.719Mt dispatched in the 11M21. |
Mondi opens Moroccan paper bagging factory15 December 2022, Published under Cement NewsMondi has started production at its EUR16m greenfield bagging plant in Tangier, Morocco, which can produce 100m paper bags each year. This brings Mondi’s total production capacity in West Africa to over 500m bags annually, helping to meet the growing customer demand for paper bags in the region. This plant is Mondi’s fourth site in West Africa (in addition to two other plants in Morocco and one in Ivory Coast). The sack kraft paper used by these locations is produced by Mondi, help... |
Vicat increases stake in Sinai cement14 December 2022, Published under Cement NewsFrance-based Vicat SA has increased its stake in Egypt’s Sinai Cement from 51 per cent to 67 per cent. According to Reuters, Vicat bought additional shares worth US$5.65m from separate investors on 13 December 2022. Shareholder Arab Industrial Investment reportedly sold its 6.6 per cent share for US$2.29m. Vicat reported consolidated sales of EUR2697m in the 9M22, up 15.7 per cent YoY at constant scope and exchange rates. The growth came on the back of solid sales improvements in all r... |
Cachupaz wins process control order for Tekcim cement plant01 December 2022, Published under Cement NewsTo automate NovaCim's greenfield Tekcim cement plant in Morocco, Cachapuz Bilanci Group’s SLV Cement technology will be installed. Besides having powerful operational analysis tools, SLV Cement allows the monitoring and control of operations, the plant performance and the level of service provided. This will enable NovaCim to optimise and automate the logistics flows of incoming raw material and outgoing cement, enable integration with SAP and make an integrated management of the entir... |