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