Cement News tagged under: Tunisia

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Ciments de Bizerte reports TND12m loss in 1H22

29 September 2022, Published under Cement News

Tunisia-based Ciments de Bizerte posted a loss of TND11.9m (US$3.6m) in the first half of 2022 when compared with a profit of TND1.3m in the 1H21. The company’s operating result is a loss of TND7.2m in the 1H22 when compared with a profit of TND6.8m in the 1H21. Revenues were down to TND57.8m in the 1H22 from TND72.3m in the year-ago period. The company has attributed the fall due to a decline in both domestic and export markets. In addition, the company saw a 56 per cent rise in petco...

Carthage Cement reports 5% fall in 1H net profit

09 September 2022, Published under Cement News

Tunisia-based Carthage Cement posted a five per cent drop in net profit to TND15.3m (US$4.8m) in the 1H22 when compared with TND16.1m in the 1H21. Revenues in the January-June 2022 period advanced three per cent to TND168.6m from TND163.8m in the year-ago period.  Operating expenses increased by three per cent YoY from TND133.6m to TND138.4m in the 1H22. As a result, the company’s operating profit contracted by 5.5 per cent to TND36.6m while in the year-ago period it had reached TND38.7m...

Société de Ciments de Gabès begins kiln shutdown

24 June 2022, Published under Cement News

Work on the kiln shutdown at Société de Ciments de Gabès cement plant in Tunisia began on 23 June 2022. The work is being carried out by Sotuqua.  The plant , which belongs to the Secil group has a cement capacity of 1.29Mta and is situated on the east coast of Tunisia.

Les Ciments de Bizerte reports 30% drop in turnover in 1Q22

02 May 2022, Published under Cement News

Tunisia’s Les Ciments de Bizerte has recorded clinker production of 161,000t in the 1Q22, representing a 20.7 per cent decline YoY. Cement production over the same period came in at 121,183t, down 42 per cent. Production of lime saw a 60 per cent YoY decline in the opening quarter of 2022, equivalent to 3488t, which the company is attributing to the lack of demand for lime on the national market and in the sector.   It should be noted that the production of cement and lime are based on dema...

Carthage Cement improves 1Q cement exports

22 April 2022, Published under Cement News

Tunisia-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...

Votorantim Cimentos' regional results in 2021 reach almost record levels

04 April 2022, Published under Cement News

Votorantim 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 ...

Bizerte reports 18% increase in sales in 2021

28 January 2022, Published under Cement News

Tunisia-based Les Ciments de Bizerte reported a 17.8 per cent advance in revenues to TND130.8m (US$45.1m) in 2021 from TND111m in 2020. Domestic sales increased by five per cent to TND110.6m from TND105.4m in 2020 while export sales surged from TND5.7m to TND20.2m over the same period. Cement production edged up 2.7 per cent to 673,079t.

Carthage Cement turnover rises by 29 per cent in 2021

20 January 2022, Published under Cement News

Carthage Cement , Tunisia, finished 2021 with a total turnover of TND325m (US$112.9m), up 29 per cent compared to 2020 and 30 per cent compared to 2019. This performance helped Carthage Cement to keep its leading position on the local market by achieving a 14 per cent rise in the local market share of revenues compared to 2020. A strong recovery was also recorded for exports of cement and clinker, where the turnover was quadrupled from TND8.936m in 2020 to TND47.650m in 2021, a 4...

Carthage Cement sees 39% hike in 9M revenue

15 October 2021, Published under Cement News

Tunisia-based Carthage Cement saw its revenue in the 9M21 jump by 39 per cent YoY to TND239.2m (US$85.4m), according to ilBoursa. The company has attributed the increase to a surge of cement and clinker exports, which advanced from TND2.2m to TND32.9m. Domestic sales reached TND185.6m at the end of September 2021, up 22 per cent when compared with sales of TND151.8m at the end of September 2020. The increase is due to the restarting of building activities after the impact of COVID-19 in ...

Carthage Cement lowers cement price

15 September 2021, Published under Cement News

Tunisia-based Carthage Cement announced it will lower its wholesale prices for cement to TND150 (US$53.81) per 30t truck for two months. The decision will come into effect from 13 September 2021. The company said the step follows the advice of the National Chamber of Cement Producers after meeting with senior officials from the Ministries of Trade and Industry.