North Africa

321 posts · Page 23 of 33

New plant to be constructed in Libya

New plant to be constructed in Libya

Libya’s National Mining Corp and Al-Shahba Cement Co have signed an agreement to construct a 1Mta cement works in Al-Shahba, south of Tobruk. The Minister of Industry and Mine...

LafargeHolcim Maroc sees 66% rise in 2Q revenue

LafargeHolcim Maroc sees 66% rise in 2Q revenue

LafargeHolcim Maroc saw a 66 per cent rise in revenues to MAD2078m (US$232.4m) in the second quarter of 2021 from MAD1252m in the 2Q20. The positive trend has been attributed m...

Misr Cement (Qena) posts 9% profit increase

Misr Cement (Qena) posts 9% profit increase

Egypt’s Misr Cement (Qena) has recorded a 9.2 per cent YoY advance in consolidated net profit for the January-June period of 2021, rising to EGP69m (US$4.39m) from EGP63m in th...

Morocco’s cement market slips 16% in July

Morocco’s cement market slips 16% in July

Cement sales in Morocco declined 16.3 per cent YoY  to 898,429t in July 2021 from 1,073,680t in July 2020, according to the Ministry of Housing and Urbanisation, which cites da...

Arabian Cement Co sees net loss widen in 1H21

Arabian Cement Co sees net loss widen in 1H21

Egypt’s Arabian Cement Co has seen its consolidated net loss after tax widen to EGP23.28m (US$1.48m) in the first half of 2021, compared to EGP5.63m in the year-ago period. S...

Carthage Cement posts 61% rise in turnover

Carthage Cement posts 61% rise in turnover

Tunisia’s Carthage Cement has posted a 61 per cent YoY rise in turnover to TND163.8m (US$59.09m) for the first half of 2021, against TND102m in the same period of last year. ...

Morocco's cement consumption up 21% in June

Morocco's cement consumption up 21% in June

Cement deliveries by Asment Temara, Ciments de l'Atlas, Ciments du Maroc and LafargeHolcim Maroc increased by 20.6 per cent to 1,363,579t in June 2021, up from 1,130,864t in Ju...