November 28, 2025

Lafarge Holcim Morocco's cement demand soars on construction boom

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HIGHLIGHTS

Lafarge Holcim Morocco sees 12% jump in cement demand

Major events, housing program to boost cement market

Lafarge Holcim Morocco reported a 12% jump in domestic cement demand year-over-year, driven by the positive momentum in the country's construction sector, the company said in a statement Nov. 28.

Increased sales volumes of cement and ready-mix concrete resulted in a 12.2% increase in consolidated revenues during the third quarter of 2025 compared to the same period last year, the company said.

In its outlook for the year, shared in its first-half earnings report in September, the company had stated that it expected the cement market to remain favorable for the remainder of the year.

"Positive impacts are expected from the organization of the UEFA Cup of Nations and the 2030 FIFA World Cup on the infrastructure segment, the implementation of the direct housing assistance program in the construction segment and major ongoing investment project," the company had said in September.

Platts, part of S&P Global Energy, last assessed the CEMDEX Turkey price, reflecting Ordinary Portland Cement CEM I 42.5R (bulk), at $53/mt FOB on Nov. 28.

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