Dangote Cement Plc is planning to expand its cement production plants to the Middle East and Latin America.
The company is optimistic that the planned investment will propel it to be ranked among the top ten global cement manufacturers and also earn Nigeria foreign exchange.
“We are currently operating in fourteen African countries and we shall soon move to other continents. We are targeting the Middle East and Latin America. The idea is to be a world leader in cement production,” said Sunday Adondua, Deputy General Manager, Production, Ibese Plant.
In addition to their cement plants in South Africa, Cameroun, Zambia, Kenya; Senegal, Tanzania and Ethiopia, “We are also planning to start a plant in Guinea Bissau, Mauritania, and undertake projects in Gabon.”
Works to double the size of the Ibese factory’s output by building two more lines alongside the existing line I and 2 started in August 2012.
The plant will have a production and dispatch capacity of 12 million tonnes per year by the end of 2014.
He added that a combined production capacity of the three plants (Ibese, Obajana and Gboko) will be doing over 29.2 million metric tons of cement annually.
By Franklin Alli
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