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

  • Liebherr posts healthy results for 2013
    December 18, 2013
    The Liebherr Group says that its results for 2013 equal that of the previous year, despite a weak economic climate. The company expects turnover to hit €9.086 billion, while its workforce has grown to 39,670. Despite the conditions, Liebherr has invested more than €800 million in its operations, taking a view that market conditions will improve in the long term and that developing the company further will lead to future gains. The overall economic situation did not improve in 2013 however and according to
    Read More
  • More financial doubt over proposed Fehmarn Belt Tunnel
    March 17, 2017
    The proposed Fehmarn Belt Tunnel to link Denmark and northern Germany will never be economically viable, according a report commissioned by German ferry operator Scandilines. Revenue and traffic forecasts are unrealistically high, notes the report completed by German consultancy DIW Econ. It is unlikely that the latest cost to build the massive road tunnel, around €7.4 billion, would ever be recovered. The Fehmarn Belt is a strait between the German island of Fehmarn and the Danish island of Lolland. Cur
    Read More
  • BIA announces new CEO & strengthens management team with new VP sales & marketing
    May 7, 2024
    BIA Group, a major player in distributing equipment and services for the mining and quarrying, construction, transport and energy supply sectors, has unveiled its new CEO.
    Read More
  • Telestack adds HF520 to material handling equipment
    January 24, 2014
    Mobile bulk material handling equipment manufacturer, Telestack, which says it has sold over 140 machines into the North American market, offers three machines new to that market. These include the world launch of the latest model in its tracked mobile hopper feeder range, the HF520, which has been developed in response to feedback from dealers and customers and can be used in a multitude of applications from reclaiming in the quarry, mine and port to loading barges on inland river networks.
    Read More

Highlighted Content