BUA jumps capacity, plans $1.05bn cement plants in Sokoto, Edo, Adamawa
Consolidating indigenous cement producer and merchant, BUA Cement, has sealed fresh construction deal with Sinoma CBMI of China for the construction of three new cement plants of three million tonnes each per annum in Edo, Sokoto and Adamawa states of…
BUA Cement sets up 3mmt Cement Plant, 50mw Power Plant in Adamawa
One of West Africa’s largest Cement companies, BUA Cement has announced that it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state in the…
BUA Cement records 2019FY EPS decline of 5.3% y/y to NGN1.79/s
BUA Cement published 2019FY audited financials after the close of market yesterday, which showed that the company recorded a 2019FY EPS decline of 5.3% y/y to NGN1.79/s, mostly on input cost pressure as well as a tax charge incurred over…
BUA cement eyes 8mmt, begins testing at Okpella’s 6mmt plant
Indigenous cement giant, BUA Cement has announced resumption of test production at its emerging six million metric tons (6mmt) Obu Cement plant, Okpella in Edo State. The company said the full production regime of the plant will effectively raise its…
BUA silent on plan for block-specific cement, trains molders on right mix in PH
Contrary to other competitors’ style for boosting sales by way of introducing block/concrete-specific cement brand, BUA Cement, a subsidiary of BUA Group has rather taken to deepening enlightenment on block and concrete makers on how to apply the right mix…
CCNN plans super-merger deal with BUA Cement to hit 2m Metric Tonnes yearly
Rising from its recent meeting, the Board of Directors of Cement Company of Northern Nigeria (CCNN), operators of the 500,000 metric tonnes per annum Sokoto Cement Plant has notified the Nigerian Stock Exchange (NSE) of its desire to merge with…
