Time to take a chance in Tunisia?
This week Tunisian-based United Cement Investor announced that it will build a new 1.5Mta integrated cement plant in Tataouine, Tunisia, with work starting in March this year. T...
Carthage Cement
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Carthage Cement records 29% increase in turnover
Tunisia’s Carthage Cement has recorded a 29 per cent YoY increase in turnover to TND171.5m (US$59.84m) for the 9M18. This means that the company has reached the annual turnover ...
New Carthage majority shareholder known by end November
The new majority shareholder for Carthage Cement is expected to be named at the end of November. In April Al Karama Holdings prequalified five candidates interested in acquiring...
Carthage Cement records 25% revenue increase
Tunisia’s Carthage Cement Co has posted a 25 per cent YoY increase in revenue for the 1Q18, according to the African Manager. This result was achieved despite a halt in producti...
Al Karama Holdings names six prequalifiers for Carthage Cement
Six foreign groups have submitted bids for the acquisition of a 50.52 per cent interest in Tunisian cement producer Carthage Cement, according to Al Karama Holding, the company ...
Carthage Cement sees 12% sales drop
Tunisia-based Carthage Cement reported a 12 per cent YoY decline in its revenues to TND172.9m (US$72.2m) when compared with revenues of TND196.1m in 2016.
Carthage Cement sale attracts foreign investors
Sale of a majority stake in Carthage Cement (Tunisia) has attracted a high level of interest from international investors. A block of shares, representing 50.52 per cent stake i...
Carthage Cement sees 11% fall in 3Q turnover
Tunisia’s Carthage Cement saw its turnover fall by 11 per cent YoY to TND132.4m (US$53.1m) in 3Q17 from TND149m in 3Q16.
Carthage Cement reports 2% rise in 1H turnover
Tunisia-based Carthage Cement increased its cement turnover by two per cent to TND68.022m in the first half of 2017.