Skip to main content

BUA Cement to establish 3 million t cement plant

Published by
World Cement,


Nigeria’s second largest cement producer, BUA Cement, is set to establish a 3 million t cement plant and a 50 megawatts power plant in the North Easter region of the country. Abdul Samad Rabiu, Chairman of BUA, revealed the news on a courtesy call to Ahmadu Umaru Fintiri, the Adamawa State Governor.

Abdul Samad Rabiu noted that the projects would generate three thousand direct and five thousand indirect jobs, and said that the company is ready to invest in the two local governments of Guyuk and Lamurde, due to their good quality limestone deposits.

It was also announced that the company has invested billions of dollars in sectors across Nigeria, and will source its raw materials locally. Governor Ahmadu Umaru Fintiri thanked the company for expressing an interest in the cement plant in Guyuk and assured them that the company will receive the support it requires from the government.

This article was first published here: https://bit.ly/3guPwEy

Read the article online at: https://www.worldcement.com/africa-middle-east/08072020/bua-cement-to-establish-3-million-t-cement-plant/

You might also like

 KHD

KHD Technical Webinar Series

Over the coming weeks, World Cement will be hosting a series of technical webinar presentations from KHD! Each presentation will be led by industry experts and provide a detailed discussion of KHD’s product offerings to the cement industry.

Find out more and register for the series »

 

Martin Marietta increases quarterly cash dividend

The company has announced that its Board of Directors approved a 4% increase in its quarterly cash dividend, raising it from US$0.55 per share to US$0.57 per share on the company’s outstanding common stock.

 
 

Embed article link: (copy the HTML code below):