Tag Morocco

Heidelberg Materials strengthens presence in Morocco

Morocco Asment temara

Heidelberg Materials has signed a strategic agreement to acquire assets of Votorantim Cimentos in Morocco. Its subsidiary Ciments du Maroc will acquire the controlling stakes (63% of the shares) in Asment de Témara, a cement and ready-mixed concrete producer, and…

Morocco’s cement dispatch stagnated 1.Q in 2024

Morocco Disp. 1Q 2024

In the first quarter of 2024, Morocco’s cement dispatch stagnated with -0.4% to 3.235 Mt, after 3.248 Mt in the same period last year. However, each month developed different. Largest increase has been in February with +8.5% YoY, largest decline…