Arabian Cement exports advance 49%
Egypt-based Arabian Cement Co exports increased by 49 per cent YoY in the January-October 2021 period, according to Sergio Alcantarilla, the company’s CEO. Export destination...
North Africa
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Sinai Cement reports 67% rise in net sales
Egypt’s Sinai Cement saw its consolidated net loss contract to EGP323.3m (US$20.58m) in the first nine months of the year, compared with EGP425m in the year-ago period. Consol...
Morocco’s cement deliveries advance 1% in October
Moroccan cement delivers edged up 0.8 per cent in October 2021 to 1,254,798t from 1,245,064t in October 2020, according to the Ministry of Housing and Urbanisation. The data ap...
Misr Cement (Qena) announces 168% surge in profit
Egypt’s Misr Cement (Qena) has reported a 168 per cent YoY surge in consolidated net profit during the first nine months of 2021, reaching EGP107.4m (US$6.84m) from EGP40.11m i...
Arabian Cement Co announces contraction in net loss
Egypt’s Arabian Cement Co has announced a consolidated net loss of EGP23.21m (US$1.48m) during the first nine months of 2021, an improvement from the EGP39.77m net loss seen in...
Lafarge Algeria hits 2Mt export record
Lafarge Algeria, part of the Holcim group, has exported 2Mta of cement and clinker for the first time, according to a company press release. The company achieved the volume les...
Carthage Cement sees 39% hike in 9M revenue
Tunisia-based Carthage Cement saw its revenue in the 9M21 jump by 39 per cent YoY to TND239.2m (US$85.4m), according to ilBoursa. The company has attributed the increase to a...
Morocco’s cement market expands 12% in September
Moroccan cement deliveries by member companies have advanced by 12.4 per cent YoY to 1,395,542t in September 2021 from 1,241,374t in September 2020, according to the Moroccan c...
Algeria’s SSCB exported 25,000t of cement in 9M21
Société Saoura Ciment de Béchar (SSCB), part of Algeria-based GICA, exported 25,000t of cement to African countries such as Mali, Niger and Mauritania since the start of the ye...
Carthage Cement lowers cement price
Tunisia-based Carthage Cement announced it will lower its wholesale prices for cement to TND150 (US$53.81) per 30t truck for two months. The decision will come into effect from...