Dangote Cement plc says from August it will add 6 million tons (MTs) of cement per annum (pa) from its newly built lines C and D at Obese plant to the cement market.
With this, the Nigerian cement market will get 12MTs pa of cement from Dangote Ibese Cement factor.
Also, its installed combined capacity (from all its cement plants) will be about 29MTs pa. Sunday Adondua, deputy general manager, production and process, at Dangote Ibese Cement plant, told media on a tour of the recently built lines C and D of Obese Cement plant, which started operation August 8. ”Lines A and B have installed capacity of 6MTs of cement pa, and with C and D’s 6MTs, this totals 12MTs pa.”
This means that Dangote Cement will be giving the Nigerian cement market about 55 million bags of cement annually from all its plants. Lines A and D – presently employ 7,400 staff (direct and indirect), and when new C and D lines are fully operational, this would be doubled.
These new installations are designed to run as a versatile plant operation on multi fuels – as they can run on coal, natural gas and HFO – to have continuity of operation in case of scarcity of a particular fuel.
According to Armando Martinez, the MD of new lines C and D, Aliko Dangote, president of the Dangote Group, is committed to long-term investment; an investment that could last 50 years. ”With this, Dangote is building the future of Nigeria, and Africa in general. The investment is helping to create employment, helping to better Nigeria and the world at large.
Read the full article here: http://businessdayonline.com/2014/08/dangote-cement-gives-nigerian-market-29mts-of-cement-pa/#.U-2RjjMcRes
