Carthage Cement
BBVMT:CC1.82
TND
+0.02
(+1.11%)
ISIN
TN0007400013
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Company Description
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Tunis Tunisia
- IPO Date
- May 23, 2010
- Similar Companies
- Business
- Carthage Cement Société Anonyme is a Tunisia-based industrial manufacturer specializing in the production and distribution of construction materials, hydraulic binders, aggregates, and ready-mix concrete. Founded in 2008 and headquartered in Tunis, Tunisia, the company operates an integrated industrial complex and limestone quarry located at Jebel Ressas in the Ben Arous governorate. Carthage Cement is listed on the Tunis Stock Exchange under the ticker BVMT:CC and conducts its operations through three main business segments: Cement, Aggregates, and Concrete. The company manufactures and supplies a diversified portfolio of construction products, including hydraulic binders such as standard Portland cements (CEM I 42.5), Portland-composite cements (CEM II/A and CEM II/B), high sulfate-resistant cements (HRS) for marine and subterranean infrastructure, artificial hydraulic lime, and semi-finished clinker; quarry-extracted aggregates comprising crushed limestone gravels of various granulometric grades, railway ballast, washed and manufactured sands, and filler materials; and ready-mix concrete formulations ranging from standard structural concrete and high-strength concrete to self-consolidating, fiber-reinforced, and customized mixes for civil engineering, commercial, and residential construction applications. The company caters to domestic general contractors, real estate developers, building material retailers, and public works authorities across Tunisia, while distributing products internationally across the Mediterranean basin and North Africa, particularly to Italy and Libya. In recent developments, Carthage Cement has expanded its international footprint by leveraging European CE marking certifications to accelerate maritime exports of cement and clinker to European markets, including Italy, while reinforcing overland trade with Libya. Operationally, the company has implemented energy efficiency programs and environmental, social, and governance (ESG) initiatives aimed at decarbonizing its production processes through kiln efficiency enhancements and the integration of alternative fuels. In addition, within the framework of asset management by the Tunisian state agency Al Karama Holding, Carthage Cement has executed debt restructuring measures and operational adjustments to optimize production capacity utilization across its integrated facility.