Cement News tagged under: Tunisia

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Ciments de Bizerte registers 20% drop in 1Q15 turnover

22 April 2015, Published under Cement News

Tunisia’s Ciments de Bizerte saw its turnover fall by 19.6 per cent YoY in 1Q15 to TND11.115m. In Tunisia, the figure fell by 11.5 per cent as domestic demand fell by 9.7 per cent. However, the company noted a 84 per cent drop in exports due to the volatility of the Algerian market and the weak demand from Libya.

Spain: Cementos Portland reports EUR29.5m loss

16 April 2015, Published under Cement News

FCC-owned Cementos Portland closed the first quarter of 2015 with a EUR29.5m loss, representing a 21.2 per cent higher figure when compared with 1Q14. The cement company attributes the fall to lower CO2 sales and new accounting rules relating to annual maintenance costs. Taking into account these effects, results improve by EUR7m. Revenues increased 9.4 per cent to EUR121.8m as the company maintained stable cement sales of 1.6Mt. However, concrete deliveries were down 43 per cent to 66M...

Tunisia: Bizerte cuts cement price

04 March 2015, Published under Cement News

Ciment de Bizerte is lowering its whole-sale cement price from MAD149.9/t to MAD147.9/t for bagged cement while bulk cement will cost MAD127.4/t to MAD130.4/t. Earlier Carthage Cement had announced a drop in its prices. Ciment de Bizerte forecasts a production of 1Mt in 2015 as the producer noted it was running at full capacity since the start of the year after the renovation of one of its kilns to increase capacity to 1.2Mta.

Tunisia: Carthage Cement cuts cement price

20 February 2015, Published under Cement News

In the past few days, Carthage Cement has lowered the price of cement by TND6/t for bagged cement and TND10/t for bulk. For instance, a bag of OPC will now cost TND141,640/t while its bulk equivalent will cost 122,500/t. The step comes as the Tunisian government is gradually removing its subsidies in the energy sector. Mostafa Hamrouni, president of the national Chamber of Cement Manufacturers said that "the professionals of cement industry and regulators exert the effort required to cont...

Portugal Semapa profit up 15%

04 November 2014, Published under Cement News

Portugal's conglomerate Semapa, owner of cement maker Secil, posted on Friday a 15 per cent rise in nine-month net profit, helped by lower taxes on some of its overseas operations and a small increase in sales. Net profit rose to EUR80m the company said in a statement. Still, EBITDA fell 4.5 per cent from a year ago to EUR98m. Total sales rose about by about one per cent to EUR1.48bn, with cement sales up four per cent.  The company attributed the growth to cement and clinker exports from ...

Semapa 1H14 cement turnover up 5.3 per cent YoY

04 September 2014, Published under Cement News

Semapa, the Portuguese holding company that controls cement maker Secil, said turnover from its cement business operating rose 5.3 per cent YoY to EUR217.3m, driven mainly by increased exports from its home market of Portugal. In its domestic market of Portugal, Secil recorded a turnover of EUR91.2m, up 11 per cent YoY. Export revenue increased by 20.6 per cent YoY and accounted for 68.2 per cent of total sales volumes. Overall, domestic sales volumes were down 1.5 per cent YoY. However, l...

Carthage’s turnover increase fourfold in first six months

22 July 2014, Published under Cement News

Turnover by Tunisia’s newest cement producer, Carthage Cement, amounted to TND101,836m (US$59m), up 419 per cent compared to the same period of last year. Clinker and cement sales totalled TND19.262 and TND64,060, respectively during the six months to the end of June 2014. Readymix concrete activities increased by 25 per cent YoY. Aggregate sales, however, fell 28 per cent due to the absence of infrastructure public works contracts.

Tunisia: Ciments de Bizerte inaugurates plant upgrade

26 June 2014, Published under Cement News

With the inauguration of its upgraded production unit on 17 June 2014 in the presence of the country’s industry, energy and mines, Kamel Bennaceur, Tunisia’s Ciments de Bizerte has increased its capacity by 50 per cent to more than 1.5Mta. The upgrade is the result of a TND250m (US$149m) investment programme which was initiated three years ago. It includes a modernisation of the plant’s dust control systems which will lower emissions to 20mg/Nm3.

Carthage Cement issues Provisional Performance Acceptance certificate, Tunisia

06 June 2014, Published under Cement News

The Provisional Acceptance certificate has been issued by Carthage Cement for the 5800tpd Djebel Ressas cement plant in Tunisia, constructed by an FLSmdith-Ekon-Prokon consortium on an EPC turkney basis. The greenfield Djebel Ressas plant is the first project to be completed after the Arab Spring. According to a statement by Ekon, the plant has exceeded design figures in terms of production capacity and product quality while achieving less emissions.

Tunisian prices to rise following government subsidy cut

23 May 2014, Published under Cement News

The price of cement in Tunisia is to rise following the announcement by Kamel Bennaceur, Minister of Energy and Mines, that the government will remove the subsidy on cement. Prices are set to increase by TND7.5-8 (US$4.6-4.9) local news sources have reported.