Morocco: Ciments du Maroc’s turnover fell slightly to Euro371m in 2018. Its net profit grew by 3.4% year-on-year to Euro96m in 2018 from Euro92.8m in 2017. Its cement sales volumes fell by 2.7% in 2018 compared to a drop in local cement consumption of 3.7%. The board of the cement producer said that it was continuing its development plan at Nador in the south of the country.

Moldova: The Rybnitsky Cement plant has significantly cut its production costs due to a cheap gas deal. According to Radio Chișinău and the Infotag News Agency, the cement producer is paying four times less for its gas than its local competitor, the LafargeHolcim-owned Rezinsky Cement plant. In 2018 the Moldovan government held off renewing a supply contract with Russia’s Gazprom to see if cheaper options were available elsewhere.

Tanzania: Twiga Cement’s revenue rose by 30% year-on-year to US$151m in 2018 from US$116m in 2017. Its net profit grew by 60% to US$24.6m from US$15.4m. Its cement sales volumes increased by 9%. The subsidiary of Germany’s HeidelbergCement said that the local cement market saw continued growth in 2018 and that, despite production overcapacity, it maintained its ‘market leadership.’

UK: Construction work has started on a new flood embankment west of the Cemex’s South Ferriby cement plant in North Lincolnshire. New brick-clad walls will also be built around Ferriby Sluice. The project, led by the Environment Agency, has an investment of around Euro14m. The scheme is scheduled for completion by 2021.

“We are delighted to be contributing building materials to construct the new flood defences. In December 2013 floods damaged the plant putting it out of production for over 12 months and causing immense damage to local homes and businesses. It was estimated that over Euro55m worth of damage was caused,” said Piotr Klepak, Cemex Plant Director.