Ciments du Maroc SA
CCSEMA:CMA1,410.00
MAD
+19.00
(+1.37%)
ISIN
MA0000010506
Return %
Stock
S&P 500
1Y
-30.71
14.20
3Y
-15.57
81.12
5Y
-24.19
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Severin Weig
- Full Time Employees
- 905
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Casablanca Morocco
- IPO Date
- Jun 24, 1969
- Website
- cimentsdumaroc.com
- Similar Companies
- Business
- Ciments du Maroc SA is a Morocco-based building materials manufacturer and distributor operating as a subsidiary of Heidelberg Materials AG. Founded in 1951 and headquartered in Casablanca, Morocco, the company produces, manufactures, and markets construction materials across three primary business segments: Cement, Ready-Mix Concrete, and Aggregates. The company's product and service portfolio comprises bagged cements marketed under brand names such as Marteco, Lamaalem, Cimapro, Cimagglo Optima, and The Qwan Ultra; bulk cement solutions designed for infrastructure, maritime applications, and heavy civil engineering, including Procima, Forticima, Evolucima, Hydrocima, Duracima, Maricima, Teknicima, and Turbocima; intermediate clinker products; standard, specialized, and high-performance ready-mixed concrete formulations; crushed rock, gravel, and graded aggregates extracted from operational quarries for roadworks and structural foundations; and sustainable, low-carbon building binders, including the ALGACEM product line developed through microalgae carbon capture and utilization technology. Ciments du Maroc SA distributes its products across Morocco to residential, commercial, and industrial developers, public works entities, and general construction contractors through an extensive domestic industrial footprint comprising four integrated cement plants located in Aït Baha, Had Hrara, M'zoudia, and Témara; four grinding centers situated in Laâyoune, Jorf Lasfar, and Nador; six aggregate quarries; and thirty-two ready-mix concrete batching facilities. In recent major corporate and operational developments, Ciments du Maroc completed the strategic acquisition of cement manufacturer Asment de Témara and aggregates producer Grabemaro from Votorantim Cimentos, integrating a 1.4 million-tonne annual capacity cement plant, two quarry operations, and eight ready-mix concrete units to consolidate its market share in northern and central Morocco, while expanding its decarbonization initiatives through the commercial deployment of bio-fixation carbon-captured cement solutions.