Government institution sells 35,500 shares in Ciments du Maroc
The Moroccan Capital Markets Authority (AMMC) has announced that the Abu Dhabi Fund For Development (ADFD) has sold 35,517 Ciments du Maroc shares to the central market at a uni...
Morocco
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thyssenkrupp wins order from LafargeHolcim
thyssenkrupp has won a contract from LafargeHolcim to supply a 3500tpd line for a new clinker plant in Souss Massa, Morocco. The project will include engineering, procurement an...
Moroccan cement demand declines 4% in January
Cement consumption in Morocco fell 4.4 per cent in January to 1,114,857t from 1,166,184t in January 2016, according to the country’s Ministry of Housing and Urbanisation.
LafargeHolcim announces new regional structuring
LafargeHolcim has also announced a new organisation structure of the group and regions. Under the new structure, 35 markets now report directly to the Region Heads, instead of 20.
George Michos appointed CEO of LafargeHolcim Maroc
George Michos has been appointed CEO of LafargeHolcim Maroc, according to Medias24. Mr Michos has replaced Marcel Cobus in the role, who has moved to take charge of the Europe r...
Morocco’s cement demand declines 3% in 2017
The Moroccan cement market contracted 2.5 per cent to 13,791,222t in 2017 when compared 14,151,095t in 2016, according to the country’s cement association, APC. The fall takes c...
Moroccan demand up 5% in November
Cement demand in Morocco increased 5.2 per cent YoY in November 2017 to 1,274,165t from 1,211,298t in October 2016, according to data by the country's Ministry of Housing and Ur...
Moroccan demand stable in October
Cement demand in Morocco edged up 0.3 per cent in October 2017 to 1,320,030t from 1,316,225t in October 2016, according to data by the country's Ministry of Housing and Urbanisa...
Ciments du Maroc posts 20% rise in net profit
Ciments du Maroc reported consolidated sales of MAD2.029bn in 1H17, up 1.1 per cent YoY. Consolidated EBITDA remained stable at MAD929m.
Moroccan market sees 10% YoY contraction in August
Moroccan cement consumption decreased by 10.3 per cent YoY to 1,227,932t in August 2017 from 1,368,884t in the year-ago period, according to the country’s Ministry of Housing an...