New Moroccan cement works planned despite market conditions

Cement manufacturers are launching projects to install new cement works in Morocco despite poor market conditions. The CEO of Ciments du Maroc, Mohamed Chaibi, believes that improvements in current demand are temporary, while Dominique Drouet, chairman of the board of directors at Holcim is reprted as anticipating a 12% drop in activity in the cement industry at the end of 2013 and expecting the decline to continue in 2014. A cement works with a production capacity of 1 million tonnes costs an average
January 22, 2014 Read time: 2 mins
RSSCement manufacturers are launching projects to install new cement works in Morocco despite poor market conditions.

The CEO of Ciments du Maroc, Mohamed Chaibi, believes that improvements in current demand are temporary, while Dominique Drouet, chairman of the board of directors at 2813 Holcim is reprted as anticipating a 12% drop in activity in the cement industry at the end of 2013 and expecting the decline to continue in 2014.

A cement works with a production capacity of 1 million tonnes costs an average MAD 1.5 million (€133.78 million) and takes at least 36 months to construct.

Ciments du Maroc plans to open a new cement works in Tetouan, while 3180 Lafarge Ciments is pursuing a project to install a new cement works in Taroudant. The Awka Group plans to open its first cement facility in Sidi Bibi near Agadir. Cimat (Ciments de l'Atlas) is installing a new crusher in Nador close to an existing facility operated by Holcim Maroc. However, Ynna Asment (Ynna Holding) has delayed the opening of its first cement plant.
Road Structures

For more information on companies in this article

Related Content

  • Nigeria’s FEC approve road works valued at US$768.43 million
    August 22, 2013
    Nigeria’s Federal Executive Council (FEC) has approved reconstruction deals for the five main economic arterial roads worth US$768.43 million (NGN 123.8 billion). A $92.1 million (NGN 14.99 billion) deal will see Julius Berger carry out the Apapa-Oshodi expressway section 2, phase II reconstruction has also been approved. The project is targeted for completion in 15 months. Kopek Construction has secured a $45.1 million (NGN 7.34 billion) deal to complete the Akure to Ilesha road in 21. Triacta Nigeria
    Read More
  • Equipment firm Wacker Neuson posts bullish results
    March 31, 2014
    Munich-based equipment manufacturer Wacker Neuson reports an increase in Group revenue and profitability in 2013. This has been achieved in spite of tough trading conditions and having met its targets for 2013, the firm aims to remain on track in 2014. The company achieved €1.16 billion in revenue and says it managed to boost market penetration of light and compact equipment in its core European and US markets. It also developed specific new markets. Group revenue rose 6% to €1.16 billion, compared with nea
    Read More
  • Key deals show strength of Tolling solutions sector
    September 26, 2013
    The world’s leading tolling solution providers have achieved significant deals in recent months emphasising the importance of their latest and proven technology. Guy Woodford reports Kapsch TrafficCom North America (Kapsch), part of Kapsch TrafficCom Group, has been awarded a five-year US$30 million contract by Canadian Tolling Company International (Cantoll). The contract will see the leading tolling technology manufacturer supply its next generation TDMA V6 Interior Transponder, also known as an onboar
    Read More
  • Progression in concrete plant and mixing solutions
    July 14, 2014
    Big orders for and progress in plant and concrete mixing technology has been continuing at a rapid pace over recent months, as Guy Woodford reports Shantui recently completed an eye-catching US$3.2 million deal with a customer in the United Arab Emirates for 50 concrete mixer trucks. The deal is said to be an important breakthrough for the Chinese company’s concrete machinery in the Middle East market, raising brand awareness and laying a solid foundation for building market share. Over the past y
    Read More

Highlighted Content