Holcim has signed an agreement with Huaxin Cement Ltd to sell its entire 83.81% shareholding in Lafarge Africa PLC in Nigeria, at an equity value of US$ 1bn on a 100% basis. With plants in Ewekoro (photo) and Sagamu in the…
Mangal Cement opened a 3.0 Mta cement plant in Ilu-Agba, Kogi State in Nigeria. The investment has been US$ 600m to construct the cement plant and a 50 MW captive power plant. Plant contractor is Sinoma Engineering International. Mangal Cement…
According to previous announcements, BUA Cement confirmed to cut the ex-works cement prices to N3,500 (US$ 3.90) per 50kg bag from January 2024. The statement is from Mr Abdul-Samad Rabiu, Chairman of the BUA Group. Mr. Rabiu added that with…
Sinoma International Engineering started the construction of Dangote’s cement plant in Itori, Ogun State in Nigeria with the celebration of the pile foundation. The integrated cement plant is designed with 2 x 6000 tpd kiln capacity, which will increase Dangote’s…
BUA Cement Plc has announced plans to reduce the price of cement in Nigeria from the present N5,500 to between N3,000 to N3,500. This was made known by the Chairman of the company, Abdul Samad Rabiu, after a meeting with…
The Manufacturers Association of Nigeria (MAN) has disclosed that during the first half of 2023 the cement sales dropped by a substantial 30 percent. The Association attributed the decline to the government’s replacement of the Naira with a new central…
In 2024 in Nigeria, BUA Cement will commission two new cement lines. The Sokoto line 5 as well as the Obu plant line 3, both will have a rated capacity of 3 Mta. The construction of both cement lines is…
The cement production of the two largest production companies Dangote Cement and BUA Cement in the 1.Q 2023 has been down by 20.2%. According to the companies the cement production has been mainly down because of the election uncertainties in…