South Valley Cement reports loss in 1Q23
Egypt’s South Valley Cement Co has reported net losses after tax of EGP37.05m (US$1.19m) in the opening quarter of 2023, up from EGP31.2m in the same period a year earlier. Sale...
North Africa
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LafargeHolcim Maroc posts 3% advance in 1Q revenue
Holcim-owned LafargeHolcim Maroc has reported a three per cent uptick in revenues to MAD2131m (US$209.2m) in the first quarter of 2023 from MAD2077m in the year-ago period. Moro...
Ciments du Maroc 1Q turnover slips 4%
Ciments du Maroc , part of Heidelberg Materials , posted an unaudited turnover of MAD917.8m in the 1Q2023, down four per cent YoY from MAD955m in the 1Q22. Cement consumption in...
Moroccan cement deliveries see 21% drop in April
Cement deliveries by APC members Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc saw a 20.6 per cent fall to 716,483Mt in April 2023 from 902,513t ...
Morocco sees small increase in March deliveries
Cement deliveries in Morocco by APC members edged up by 0.6 per cent YoY to 1,195,305t in March 2023 from 1,188,217, according to the country’s cement association, APC. Deliveri...
Ciments du Maroc posts 25% drop in net profit in 2022
Morocco-based Ciments du Maroc , part of Heidelberg Materials , has reported a turnover of MAD4.043bn (US$395.4m) in 2022, representing a decrease of 2.1 per cent YoY from MAD4....
Cement dispatches in Morocco down 11% in February
Cement deliveries in Morocco declined 10.8 per cent YoY to 991,906t in February 2023 from 1,111,350t in February 2022, according to the country’s cement association, APC. The da...
GICA's cement and its Chlef plant obtain CE certification
The Chlef Cement plant and Entreprise des Ciments et Dérivés d'Echéliff ( ECDE ), affiliated to the Algerian Cement Industrial Complex Groupe Industriel des Ciments d'Algérie ( ...
ECDE exports 0.35Mt of clinker from Algeria
Algeria-based ECDE , part of the GICA group, has exported since the start of the year close to 350,000t of clinker from Algeria, according to ECDE CEO, Kada Dinar. GICA’s Chlef ...
South Valley Cement reports decline in net losses in 2022
Egypt’s South Valley Cement has reported sales in 2022 of EGP873.73m (US$28.3m), up from EGP284.62m in the previous year, according to Zawya. Over the same period, the company s...