The year 2025 proved to be a period of significant turbulence for Les Ciments de Bizerte, dominated by the continued shutdown of clinker production, the central element of its industrial process.
Deprived of petroleum coke, the sole indispensable energy source for operating its kilns, the company was unable to restart its main production facility, lacking the sufficient financial resources to ensure the importation of this strategic fuel.
This structural situation forced the company to refocus its activity almost exclusively on grinding imported or locally acquired clinker, as well as on lime production, all within an already weakened financial context.
While this configuration increased pressure on its economic balance, it nevertheless allowed the company to maintain a minimal presence in the national market and partially preserve its cash flow.
For the entirety of the 2025 fiscal year, clinker production remained at zero, confirming the prolonged paralysis of the company’s industrial core.
In contrast, cement production reached 119,317 tons, compared to 129,293 tons in 2024, representing an annual decline of 7.7%.
However, this overall decline masks a notable improvement observed in the fourth quarter, during which production stood at 36,770 tons, an increase of 28.4% compared to the same period in 2024.
This progression resulted from a temporary intensification of grinding activity, made possible through targeted clinker supplies.
Lime production, for its part, showed a more dynamic performance in the last quarter, with 833 tons produced compared to 494 tons a year earlier, representing an increase of nearly 69%. This positive trend is explained by sustained demand observed in the national market, particularly in certain industrial segments.
Despite operational constraints, Les Ciments de Bizerte recorded a significant improvement in their commercial indicators. For the entire year, total revenue reached 40.5 million dinars, an increase of 31.1% compared to 2024.
This performance is also supported by related activities, particularly the unloading of petroleum coke ships. During the fourth quarter, this activity generated tax-exempt revenue of 1.4 million dinars, following the handling of seven ships for a total volume of over 116,000 tons, confirming the growing role of the port as a revenue stream within the company’s economic structure.
Debt remains at a worrying level. At the end of 2025, total debt amounts to 122.4 million dinars, consisting mainly of 98.2 million dinars in principal and 24.2 million dinars in interest.
While the overall stock shows a slight decrease of 0.4% compared to 2024, this change remains marginal considering the severity of the situation. Management credits, down nearly 18%, also reflect the contraction of cash facilities granted to the company.
The persistence of the financial crisis has prevented Les Ciments de Bizerte from normally honoring its commitments, both to its suppliers and its banking partners. The inability to secure petroleum coke supply alone illustrates the extent of the liquidity difficulties the company still faces.
