Moroccan cement demand drops 5.4% in 2014
The Moroccan cement market contracted by 5.4 per cent to 14.1Mt in 2014, reaching a new low as demand hits a level not seen since 2008. The country’s construction sector rem...
Morocco
247 posts · Page 22 of 25
Morocco’s cement demand falls 5.4% in 2014
The fall in Morocco’s cement consumption declined by 5.4 per cent, following a 6.3 per cent reduction in 2013, according to the Moroccan Economics and Finance Ministry (DEPF). ...
Ciments du Maroc posts positive 1H14 results
Ciments du Maroc saw turnover increase to MAD1.63bn (US$185m) in 1H14, up 16.4 per cent from MAD1.4bn the same period the previous year. However, the company also experience...
Morocco’s market demand falls 5% in August
The Moroccan cement market is not about to recover. The latest figures indicate a third-consecutive year of contraction, according to APC, the Moroccan cement producers' associ...
Morocco: Lafarge turnover slips 2.1% in 1H14
Lafarge’s Moroccan subsidiary, Lafarge Ciments, saw turnover in 1H14 slip by 2.1 per cent to MAD2.56bn (US$298m) as prices and a favourable product mix only partially offset b...
Decline in housing starts dent Moroccan demand
The first half of 2014 has seen cement sales in Morocco experience a 4.4 per cent decline to 7.435Mt, latest figures released by the country's cement producers' association, AP...
LH Merger: LatAm, Asia, Africa
The Lafarge Holcim merger is being viewed as a good geographical fit in emerging markets given Lafarge’s strong presence in the Middle East and Africa, and Holcim’s significant...
Moroccan cement sales notes 4.5 per cent drop in May
Cement sales in Morocco continue to decline as dispatches in May fell 4.46 per cent, bringing the year-to-date fall to 3.37 per cent. The largest decrease was noted in the r...
Cement price rise 2.5% in Morocco
The price of a bag of cement in Morocco will rise between 2-2.5 per cent to MAD1400/t (US$170), mainly on the back of higher fuel prices. In addition, cement stocks have decr...
Ciments du Maroc to invest in grinding unit
Ciments du Maroc will be investing MAD170m (US$20.7m) in a new grinding unit in Jorf Lasfar, 110km southwest of Casablanca. The grinding centre will have a capacity of aroun...