Morocco’s Lafarge Ciments net profit up 6.5%

Lafarge Cements Morocco reported turnover up 5.1% to over MAD 5 billion (€458.38 million/US$516.53 million) in 2015, while net profit rose 6.5% to MAD 1.4 billion. The company is preparing to acquire Holcim Cement, valued at over MAD 9.1 billion, and completion of the project is scheduled for the third-quarter of 2016. Lafarge Ciments is pursuing its development plan with a project for a new cement plant in Agadir and a grinding facility in Laâyoune.

March 22, 2016 Read time: 1 min

725 Lafarge Cements Morocco reported turnover up 5.1% to over MAD 5 billion (€458.38 million/US$516.53 million) in 2015, while net profit rose 6.5% to MAD 1.4 billion.

The company is preparing to acquire 680 Holcim Cement, valued at over MAD 9.1 billion, and completion of the project is scheduled for the third-quarter of 2016.

Lafarge Ciments is pursuing its development plan with a project for a new cement plant in Agadir and a grinding facility in Laâyoune.

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Morocco’s SNI and LafargeHolcim strengthen partnership

The Moroccan national investment company SNI and cement group LarfageHolcim are strengthening their partnership.

They are reported to be setting up LafargeHolcim Maroc via the merging of Lafarge Ciments and Holcim Maroc, and by creating a subsidiary dubbed LH Maroc Afrique, which will operate in French-speaking sub-Saharan Africa.

This project should come about in the third-quarter of 2016. It will turn the SNI into a pan-African long-term investment fund and hasten the development of LafargeHolcim on

January 22, 2014

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

March 11, 2015

Morocco: Ciments du Maroc reports 5.1% fall in turnover

April 19, 2012

Ciments Français net profit down in 2011

French building materials firm Ciments Français (CF) says it will target industrial investments in India and Bulgaria in 2011 after seeing its net consolidated profit fall by 13.7% to €274.2million in 2011.

August 28, 2015

Morocco’s cement sales up 4.39% in July 2015

After two months of a decline, sales of cement in Morocco rose 4.39% in July, 2015. Sales since the start of the year are down 0.77%. In the first seven months, the Doukkala-Adba region posted the strongest performance, with growth of 30% due mainly to the construction of the Safi-El Jadida motorway and the port of Safi.