Moroccan 1H13 double digit sales fall
Cement sales in Morocco have hit a new low, with 1H13 figures noting a 12.6 per cent fall YoY as the real estate and public works sectors experienced a slowdown in activity.
Morocco
252 posts · Page 25 of 26
Morocco’s 2013 consumption forecast to fall 8%
The Moroccan cement market is expected to end the year significantly down. At the end of 2012, the country noted an 11.5 per cent decline in housing starts,
CIMAF starts Gabon cement plant construction
Morocco’s Ciments de l’Afrique (CIMAF) laid down the first stone at its new cement works in Gabon on 13 June.
Morocco’s cement demand falls 16.5% in first four months
During the first four months of the year, cement demand in Morocco fell by 16.5 per cent from 6Mt to just under 5Mt as the start of the year was affected by heavy rainfall, acco...
Moroccan cement market down 18% in 2M13
Cement demand in Morocco during the first two months of the year fell by 18 per cent as the recovery of the construction sector remains out of reach. Total cement consumption ov...
Italcementi launches five-year bond, Italy
Italcementi, the fifth-largest cement producer in the world, has launched a five-year bond of EUR350m at an issue price of EUR99.477 and a coupon of 6.125 per cent, according to...
CIMAF builds cement plant in Burkina Faso
Morocco’s Ciments d’Afrique (CIMAF) is building a cement works in the industrial zone of Kossodo, Burkina Faso.
Morroco to add 5.9Mta of new capacity by 2017
Competition is intensifying in the cement sector in Morocco, as existing players gear up for another phase of capacity development. While cement demand cooled in 2012 following ...
Citigroup lowers Italcementi price target, Italy
Citigroup has lowered its price target on Italcementi to EUR3.60 from EUR4.10, after cutting by 15% the pre-tax profit estimates for the Italian cement producer in 2012 and 2013.
Moroccan cement market enters quiet period
After returning healthy figures in 2011 and at the start of 2012, Moroccan cement producers have found April more of a challenge. "The beginning of 2012 was very encouraging, bu...