• Latest
  • Trending
Dangote, Sinoma sign MoU on new 6Mta cement plant in Ogun

Dangote, Sinoma sign MoU on new 6Mta cement plant in Ogun

4 months ago
JUST IN: Oyo Assembly suspends Saki West LG chairman

JUST IN: Oyo Assembly suspends Saki West LG chairman

11 hours ago
Nnamdi Kanu: Biafra is non-negotiable

Nnamdi Kanu: Biafra is non-negotiable

11 hours ago
Lagos Speaker reacts to EFCC probe

JUST IN: Obasa reelected Lagos Assembly Speaker for third consecutive term

14 hours ago
New Oyo PMS chairman, Omolewa promises to transform parks, garages

JUST IN: 38-year-old Egbedun emerges Osun Assembly Speaker

14 hours ago
New Oyo PMS chairman, Omolewa promises to transform parks, garages

New Oyo PMS chairman, Omolewa promises to transform parks, garages

14 hours ago
25% in FCT: Court dismisses Abuja residents’ suit against Tinubu, awards N20m against lawyer

25% in FCT: Court dismisses Abuja residents’ suit against Tinubu, awards N20m against lawyer

15 hours ago
JUST IN: Tinubu holds first meeting with service chiefs

BREAKING: Senate approves Tinubu’s request to appoint 20 special advisers

16 hours ago
UI professor murdered in Ibadan

UI professor murdered in Ibadan

17 hours ago
Ilaji boss, Dotun Sanusi thanks Makinde for commissioning electrification project

Ilaji boss, Dotun Sanusi thanks Makinde for commissioning electrification project

18 hours ago
Pastor to die by hanging for killing choir mistress, two others

Pastor to die by hanging for killing choir mistress, two others

20 hours ago
‘You want to reap over 100%’- Actress Iyabo Ojo slams Lagos govt over N18m tax bill

‘You want to reap over 100%’- Actress Iyabo Ojo slams Lagos govt over N18m tax bill

1 day ago
Auxiliary: Why police can’t declare me wanted

How police shocked Makinde, other stakeholders by bursting Auxiliary

1 day ago
Makinde reacts as NGF names  him vice chairman

JUST IN: Makinde appoints three Executive Assistants

1 day ago
JUST IN: Makinde endorses Ogundoyin 10th Oyo Assembly Speaker

JUST IN: Makinde endorses Ogundoyin 10th Oyo Assembly Speaker

1 day ago
Subsidy: Kwara reduces work days for civil servants

Subsidy: Kwara reduces work days for civil servants

1 day ago
Lecturer bags  15-year jail term for diverting study grant

Ogun: Thugs assault PDP guber aspirant at tribunal venue

2 days ago
‘You are very dependable’- Tinubu hails Wike over contribution to his victory

Wike: What I’ll do if Tinubu offers me appointment 

2 days ago
Again, Dangote emerges Most Admired Brand in Africa

Again, Dangote emerges Most Admired Brand in Africa

2 days ago
  • Contact Us
  • Advertise
Wednesday, June 7, 2023
Newspeakonline
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
Newspeak
UBA
Home Business

Dangote, Sinoma sign MoU on new 6Mta cement plant in Ogun

Newspeak Reporter by Newspeak Reporter
February 2, 2023
in Business
Reading Time: 3 mins read
0
Dangote, Sinoma sign MoU on new 6Mta cement plant in Ogun
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

>

By Emmanuel Adeleke

RelatedPosts

Again, Dangote emerges Most Admired Brand in Africa

Dangote showcases use of cement variants at Enugu Trade Fair

Dangote lists largest bonds on NGX, FMDQ

Dangote Industries Limited (DIL) has signed a Memorandum of Understanding (MoU) with China Sinoma International Engineering to contruct a six million tons per annum cement plant in Itori, Ogun State.

The agreement was signed by the Chairman of Dangote Cement Plc, Aliko Dangote, alongside the Group Executive Director, Strategy, Capital Projects & Portfolio Development, DIL, Devakumar Edwin, while China Sinoma Engineering was represented by its Group President, Yin Zhisong, and the company’s Chairman, Liu Renyue.

Speaking at the ceremony, Dangote said that the new integrated cement plant at completion will strengthen the local production capacity of Dangote Cement, bringing its local capacity to 41.25 million tons per annum and total African capacity to 57.6 million tons per annum.

He said the Itori Cement Plant will also increase Nigeria’s capacity to export cement, thereby enabling more diversification and foreign exchange inflows for the economy.

According to Dangote, the project is further expected to develop the domestic economy through creation of thousands of indirect and direct jobs and drive economic development in the Itori axis.

He added that constructing the new cement plant is in line with Dangote Group’s vision of producing locally made goods that were formally imported despite the abundance of raw materials for local production of such goods.

The chairman described Sinoma as a strategic partner who has been instrumental to the success of key projects in Dangote Group.

“We are comfortable working with your company. You have handled some of our key projects and I am positive that this project will be completed as scheduled,” he said.

Group President of China Sinoma Engineering, Yin Zhisong, expressed satisfaction with the commitment and determination of the Dangote Group in building cement plants across Africa.

He said: “It is an honour for us to build another cement plant for Dangote Group. We are proud and happy to be on this journey with the company again.”

When operational, the plant is expected to have two Lines x 6,000 TPD Clinker Production with an installed daily total capacity of 12,000 TPD of Clinker production. It is expected to be completed within 27 months with best-in-class equipment in the cement industry, sourced from Europe’s major equipment suppliers.

The plant will have its own captive power plant to generate electric power for use by cement kilns and other production processes.

The Itori Cement Plant will be Dangote Cement’s fourth cement plant constructed as a green field project in Nigeria. The rest are Obajana, Ibese and Okpella plants.

Dangote Cement is Africa’s leading cement producer with 51.6Mta production capacity across Africa, with Nigeria accounting for 35.25Mta.

Obajana plant in Kogi State, Nigeria, is the largest in Africa with 16.25Mta of capacity across five lines; Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12Mta; Gboko plant in Benue State has 4Mta while Okpella plant in Edo State has 3Mta.

Related

What’s your Reaction?
Like
Like
0
Dislike
Dislike
0
Laugh
Laugh
0
Angry
Angry
0
Sad
Sad
0
Accurate
Accurate
0
0 Shares
Facebook Twitter WhatsApp Linkedin Messenger
×

Share this post!

Facebook Twitter WhatsApp Linkedin Messenger Telegram Tumblr
Tags: Cement plantDangoteSinoma

Recent Posts

Again, Dangote emerges Most Admired Brand in Africa

Again, Dangote emerges Most Admired Brand in Africa

June 5, 2023
FG reciprocates, bans flights from Europe

IATA: Airlines’ unrepatriated funds in Nigeria hit $812.2m

June 5, 2023
CBN frees domiciliary account holders on spending, others

JUST IN: CBN denies devaluing naira

June 1, 2023
NNPC speaks on subsidy removal, warns against panic buying

NNPC speaks on subsidy removal, warns against panic buying

May 30, 2023
CBN frees domiciliary account holders on spending, others

Senate amends CBN Act to increase FG’s borrowing limit

May 27, 2023
UBA Africa conversations 2023: Experts clamour for Africa to solve challenges through opportunities on continent

UBA Africa conversations 2023: Experts clamour for Africa to solve challenges through opportunities on continent

May 24, 2023
UBAAfrica Conversations 2023: Hilda Baci, Owen Omogiafo, Abiola Bawuah, others to discuss growth, business innovation in Africa

UBAAfrica Conversations 2023: Hilda Baci, Owen Omogiafo, Abiola Bawuah, others to discuss growth, business innovation in Africa

May 23, 2023
Emefiele: Dangote already repaying loans before commissioning refinery

Emefiele: Dangote already repaying loans before commissioning refinery

May 22, 2023
Next Post
NFIU: No going back on cash withdrawal limit

Scarcity: CBN orders banks to pay new naira notes over counter

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newspeakonline

© 2023 Newspeak & Associates

Navigate Site

  • Breaking News
  • Business
  • Entertainment
  • Interview
  • Newpeak Magazine
  • Newspeak Exclusives
  • Politics

Follow Us

No Result
View All Result
  • Home
  • Latest News
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
  • Opinion
  • Interview
  • Newspeak Exclusives

© 2023 Newspeak & Associates

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Newspeak We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications