Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a cement plant in Itori, Ogun State.
The plant will capacity to produce six million tons of cement per annum.
Aliko Dangote alongside the Group Executive Director, Strategy, Capital Projects & Portfolio Development, DIL, Devakumar Edwin and China Sinoma Engineering, represented by its Group President, Yin Zhisong, and the company’s Chairman, Liu Renyue signed the agreement.
Speaking at the signing ceremony, Dangote said new plant, at completion, will strengthen the local production capacity of Dangote Cement.
It will bring DIL’s 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.
”The project will further develop the domestic economy through creation of indirect and direct jobs.
”It will also drive economic development in the Itori axis,” he said.
DIL Chairman said the play will draw ancillary businesses to the area.
”The businesses will take advantage of location of the plant to provide goods and services to contractors and other stakeholders.”
He added that constructing new cement plant was in line with Dangote Group’s vision of producing goods, formally imported, locally.
According to him, the plant will take advantage of the abundance of raw materials for local production of such goods.
Dangote 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.
Read Related News:
FG sets aside N3.25bn for 3 industrial parks
FG supports 280 export oriented businesses
”You have handled some of our key projects and I am positive that this project will be completed as scheduled,” he said.
President of China Sinoma Engineering, Yin Zhisong, expressed satisfaction with commitment of DIL to building cement plants across Africa.
”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,” Zhisong said.
The NewsZenith reports that when operational, the plant would have two Lines x 6,000 TPD Clinker Production.
The lines would have a combined installed daily total capacity of 12,000 TPD of Clinker production.
The contractor is expected to complete the project within 27 months with best-in-class equipment in the cement industry.
The plant components would be sourced from Europe’s major equipment suppliers.
It 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 DIL’s fourth cement plant in Nigeria.
Others are the 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 and Okpella plant in Edo state has 3Mta.
Do you have a flair for Citizenship Journalism? Share story(ies) of happenings in your area with The NewsZenith on WhatsApp: 08033668669 or thenewszenith@gmail.com
