Cement News tagged under: Tunisia
Carthage Cement posts 1% revenue rise in 4Q2022 January 2021, Published under Cement NewsTunisia-based Carthage Cement has reported a 22 per cent rise in its revenues in the fourth quarter of 2020. Domestic sales were up 19 per cent YoY. Clinker export sales recovered to reach TND3.5m (US$1.3m) while cement exports brought in revenues of TND3.2m. Clinker production reached 0.56Mt in the 4Q20, up 53 per cent when compared with the 4Q19. Full-year 2020 The company posted a 1.4 per cent YoY rise in total revenues to TND253m in 2020. Domestic sales advanced nine per cent YoY, e... |
Al Karama announces prequalifiers for Carthage Cement24 December 2020, Published under Cement NewsAl Karama Holding has published the list of prequalified candidates in the sale of the majority stake of Tunisia-based Carthage Cement. It includes domestic companies such as Madja Tunisia SA, Les Ciments Artificiels Tunisiens SA and Société des Ciments de Gabès SA as well as overseas cement producers such as SECIL (Portugal), Cemolins International SLU (Spain), and the consortium of M Boureima Ouedraogo (Burkina Faso) and Petrolcem srl (Italy). Al Karama Holding launched a call for expr... |
Ciments de Bizerte resumes bulk exports by sea26 October 2020, Published under Cement NewsTunisia-based Ciments de Bizerte announced it is resuming bulk cement exports by sea from the Port of Bizerte. The first ship was loaded with bulk cement destined for the Libyan market. The company has invested in new loading and unloading facilities. |
Carthage Cement sees reduced COVID-19 impact on 3Q results21 October 2020, Published under Cement NewsTunisia-based Carthage Cement reported a less severe impact of the COVID-19 pandemic on its turnover in the third quarter of 2020. The company’s turnover fell by six per cent to TND172m (US$63m) from TND183m in the 3Q19. In the 2Q20 turnover had fallen by 16 per cent due to the pandemic. Turnover in the domestic market increased six per cent YoY to TND151m when compared with the 3Q19 turnover of TND143m. Exports declined to TND1.193m when compared with TND1.225m in the 3Q19. However, del... |
No more plastic cement packaging in Tunisia14 October 2020, Published under Cement NewsTunisia’s Ministry of Industry, Energy and Mines has repealed its joint order with the Ministry of Commerce that authorises the packaging of cement in plastic bags.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. |
Tunisian government authorises use of polypropylene bags for cement28 August 2020, Published under Cement NewsTunisia’s government approved the use of polypropylene for packaging cement, but the move has already drawn ire of the country’s environmentalists and the Tunisian Industrial Paper and Cardboard Co (Sotupapier). Sotupapier filed a complaint with the administrative tribunal on 21 August 2020 to challenge the decision taken by the Tunisian ministers of industry and trade. The company expects the step to increase plastic pollution through the production of at least 150m new polypropylene bags... |
Carthage Cement posts TND3.3m net profit at end July27 August 2020, Published under Cement NewsCarthage Cement posted a net profit of TND3.3m (US$1.2m) as of 31 July 2020, despite at two-month shutdown due to the COVID-19 pandemic. The stoppage led the company to lose nearly TND28.6m, according to company CEO, Brahim Sanaa. Mr Sanaa said that the company targets a net result of TND19.6m by the end of the year, reversing the TND51.3m loss posted in 2019. Carthage Cement carried out a capital increase from TND172,134,413 to TND343,624,940, reducing the company’s bank indebtness by ... |
Tunisia looks to change cement packaging and reduce costs20 August 2020, Published under Cement NewsSalah Ben Youssef, Tunisia’s Minister of Industry and Small- and Medium-sized Enterprises, has stated that by replacing 30 per cent of Kraft paper bags used in cement packaging with polypropylene bags, the equivalent of TND20m (US$7.37m) in foreign currency would be saved. "This will help Tunisia reposition itself on the Libyan market by bringing down the cost of cement bags and increasing the competitiveness of Tunisian products against the Turkish competitors," said Mr Youssef. The... |
Ciments de Bizerte sees 1H turnover up 2%27 July 2020, Published under Cement NewsTunisian cement producer Ciments de Bizerte has seen its total turnover expand 1.6 per cent YoY to TND42.781m (US$15.6m) in the first half of 2020. Domestic turnover edged up 0.2 per cent YoY to TND40.112m while export turnover improved 26.8 per cent YoY to TND2.669m. In addition, clinker production increased 17.2 per cent to 282,440t in the 1H20 despite the total suspension of production for 45 days following the general COVID-19 lockdown. However, cement production fell by 4.7 per cent.... |
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... |