Bua to set up US$500-m cement plant in Nigeria

Bua Group International is planning to invest in a new cement plant that will be expected to have a 3-Mt/yr production capacity.

The new cement plant will be constructed in Okpella, Edo State, and is expected to be ready for commissioning in February 2015. After commissioning, the new cement plant will increase production of Bua Group International to 5.3Mt/yr.

According to Yusuf Binji the executive director, project and technical at Bua Group, Okpella, Edo State, the new investment will employ 1000 people indirectly and directly.

Apart from the planned plant at Okpella, Bua is also planning another cement plant in the same state, which is expected to have an output of 1.5Mt/yr once completed.

Bua already operates a cement plant in Sokoto State, Nigeria, through its subsidiary Sokoto Cement. This is currently running at 100% of its 0.5-Mt/y production capacity.

This comes in the wake of new entrants and increased activity in cement manufacturing around Africa.

http://constructionreviewonline.com/2014/11/14/bua-set-us500m-cement-plant-nigeria/