Holcim El-Djazaïr Accounts for 30% of Algeria's Cement and Clinker Exports
In 2023, Holcim El-Djazaïr significantly contributed to Algeria's export, comprising 30% of the nation's total exports in these categories.
Holcim El-Djazaïr, a prominent player in the Algerian cement industry, achieved a remarkable export performance in 2023. The company exported 3.4 million tonnes of cement and clinker, representing a significant 30% of Algeria's total exports in these products. This marked a 7% increase from the 3.2 million tonnes recorded in 2022 and a 17% increase in revenue.
In a strategic shift, Holcim El-Djazaïr focused more on exporting finished products and reduced the proportion of semi-finished goods. In 2023, 40% of its exports were cement, a 300% increase compared to 2022. This proportion is expected to rise above 60% in 2024.
To achieve these results, Holcim El-Djazaïr made substantial investments, including the acquisition of a ship loader in 2023 for 3.5 million euros. The company also purchased a new fleet of efficient trucks and constructed new cement silos dedicated to exports at its Mascara plant. Investments were also made in white cement storage halls to handle larger ships at the ports of Oran, Mostaganem, and Arzew.
These achievements align with the Algerian government's measures to promote non-hydrocarbon exports. However, Algeria has the potential to export over 10 million tonnes annually if appropriate logistical measures are implemented, such as prioritizing export ships, expanding cement storage facilities at ports, and promoting rail transport to reduce CO2 emissions and minimize accident risks.
Maintaining export levels in the cement subsidiary's markets depends on controlling the CO2 footprint, especially in Europe, where a carbon tax on high-carbon imports will be introduced in 2026.
Holcim El-Djazaïr remains committed to the public authorities' roadmap, contributing to Algeria's economic and social development. This commitment is evident in meeting local market needs with innovative and sustainable construction products and solutions, and diversifying foreign revenue streams outside the hydrocarbon sector through the export of finished products, all while adhering to environmental commitments.
Source:
Algerie Eco