Cement News tagged under: Tunisia

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Cementos Molins first-quarter profit down by 53%

03 May 2013, Published under Cement News

Spanish cement maker Cementos Molins reported a 53 per cent on the year drop in its profit for the first quarter of 2013 to EUR4.7m, mainly due to the losses sustained by the domestic market. Spanish subsidiaries closed the quarter with a EUR10.96m loss, 47 per cent more than the previous year. Consolidated turnover reached EUR195m with income falling by 18 per cent in the Spain and 6.6 per cent in overseas markets.  The company, which operates a cement plant in the Catalan capital o...

Tunisia domestic sales rise during Jan-November 2012

09 January 2013, Published under Cement News

Tunisia has reported a double-digit rise in cement sales for the first 11 months of 2012 while exports saw a significant drop over the same period. Domestic sales rose by 11.6 per cent during January-November 2012 to 6.559Mt from 5.875Mt recorded in the first 11 months of 2011. Production, meanwhile, rose 10.7 per cent to 6.787Mt from 6.13Mt in the corresponding period of 2011. Exports, however, fell 22.4 per cent to 201,000t against the 259,000t registered in the first 11 months of ...

Cementos Molins posts EUR31m profit, up 85%

31 October 2012, Published under Cement News

Spain’s Cementos Molins has posted a profit of EUR31.16m in the first nine months of the year. The 85 per cent rise has been attributed to successful foreign business, which continues to offset the decline in Spanish sales. The company’s operations in Spain have seen profits decline on the back of a 16 per cent drop in domestic sales as Spanish cement demand continues to post further lows. The drastic falls in consumption have seen cement demand plunge to a level not seen since the 1960s....

Fitch affirms Societe des Ciments d'Enfidha's long-term rating, Tunisia

17 October 2012, Published under Cement News

Fitch Ratings has affirmed Tunisia-based cement manufacturer Societe des Ciments d'Enfidha's (SCE) National Long-term rating at 'BBB(tun)' and National Short-term rating at 'F3 (tun)'. The Outlook is Stable.  The affirmation reflects SCE's recovery of an adequate trading performance in the first eight months of 2012 after production recovered to pre-revolution levels at its Enfidha plant. Despite expected lower operating margins in 2012 compared to historical levels due to rising energ...

SOTACIB’s new Kairouan cement plant begins production

16 April 2012, Published under Cement News

A new cement plant located in the Rouissat region, Kairouan governorate, by the Société Tuniso-Andalouse du Ciment Blanc (SOTACIB), has begun producing its first cement according to a statement from Tunisia’s Ministry of Industry. The new facility has a capacity of 1.2Mta of cement and will strengthen total domestic cement production of 7.2Mt to 8.4Mt in late 2012. Abstracted from Business News, Tunisia