Ciments de Bizerte sees turnover rise in 1Q20
Tunisia’s Ciments de Bizerte has seen an 18.7 per cent rise in local turnover to TND22.9m (US$7.92m) in the first three months of 2020, against TND19.3m in the 1Q19. The turn...
North Africa
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Beni Suef Cement sees 101% surge in net profit
Egypt’s Misr Beni Suef Cement has reported a 101 per cent YoY increase in net profit to EGP59.37m (US$3.77m) in the first quarter of 2020, compared to EGP29.53m in the correspo...
Egyptian cement demand falls almost 10% in April
The Egyptian cement industry's sales volumes for April, excluding exports, dropped 9.7 per cent MoM and 13.4 per cent YoY. Moreover, local sales witnessed almost the same level...
Alexandria Portland Cement sees net loss contract in 1Q20
Egypt’s Alexandria Portland Cement has seen its consolidated net loss contract 54 per cent YoY to EGP35.82m (US$2.27m) in the first quarter of 2020, compared to a loss of EGP77...
North Africa in focus
North Africa is experiencing a turbulent political and economic period. Meanwhile the region seeks to increase the pace of development with cement consumption reaching 100Mt in...
When the going gets tough
The north African cement sector is facing a challenging time as declining demand has put into perspective the current overcapacity in the industry. With most of the region affe...
Carthage Cement records 29% increase in turnover
Tunisia’s Carthage Cement has recorded a 29 per cent YoY increase in turnover to TND171.5m (US$59.84m) for the 9M18. This means that the company has reached the annual turnover...
Gebr Pfeiffer wins new order in Algeria
Société Saoura Ciment has contracted Gebr Pfeiffer to supply a vertical roller mill for its new greenfield plant in Bechar, Algeria. The cement producers has ordered n MVR 5...
FLSmidth wins North African plant project
FLSmidth has won a EUR100m contract to build a 12,000tpd greenfield cement plant in North Africa. The contract includes engineering, equipment supply, construction supervision,...
Cemex to open export terminal in Italy to boost Spanish operations
Cemex intends to give its Spanish operations a boost through the construction of a cement export terminal in Italy. The facility will also serve as an export base from other Eu...