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 Nigeria to be completed by the end of 2022.
Business Hilights gathered that upon completion, this will bring BUA Cement’s total capacity to 20 million metric tonnes by 2022. At nine million tonnes combined capacity, this is the single largest contract ever awarded in the Nigerian cement industry for the construction of new cement plants at the same time and by a single company in Nigeria. These three new plants are in addition to BUA Cement’s already existing 6mmtpa plants in Edo State, 2mmtpa plants in Sokoto State and another 3mmtpa BUA Cement plant in Sokoto – which will be commissioned in Q2, 2021. Speaking at the ceremony held simultaneously at BUA HQ in Lagos and the CBMI HQ in China, Abdul Samad Rabiu, Chairman of BUA Cement, said the expansion decision was to transform the manufacturing industry and increase Nigeria’s cement production capacity, noting that “Nigeria and the surrounding region are still home to huge opportunities in construction, housing, infrastructure and allied industries”.
