Cement News tagged under: BUA Group
Nigeria: BUA Group to offer incentives to cement distributors03 January 2017, Published under Cement NewsBUA Group, the conglomerate which owns the Cement Company of Northern Nigeria, is to offer incentives of NGN100m (US$0.3m) to cement distributors who exceed their sales targets, the Nation reports. “We have embarked on an expansion drive and this will be completed in 2018. Cement business is a very challenging one, because it is a capital intensive business; but I want to assure you that our expansion project will be completed by the end of next year or at the beginning of 2018”, said Alh... |
Nigeria: BUA set to complete 1.5Mta Sokoto expansion by 3Q1722 December 2016, Published under Cement NewsBUA Group subsidiary, CCNN, expects the construction of its new 1.5Mta line at the Sokoto plant to be complete before the 3Q17. Founder and Executive Chairman of BUA Group and Chairman of CCNN, Abdulsamad Rabiu, said the US$300m project, which began in 2013, is the first at the plant since 1986. BUA Group took over majority shareholding in 2010. Mr Rabiu also informed the Minister for Solid Minerals Development, Dr Kayode Fayemi, that the group had discovered coal in commercial quantit... |
Nigeria: BUA cement 8Mta planned expansion19 December 2016, Published under Cement NewsThe BUA Cement 8Mta expansion project initiated last year is expected to be completed by 2018, according to BUA Group CEO, Abdulsamad Rabiu. Mr Rabiu said the expansion will see the firm double its production capacity. Acting Managing Director of the company, Yusuf Benji, said that despite the challenging operating environment, the company would not compromise on the issue of quality of its products. “Our watchword is quality. Anybody that knows our products can attest to the high level o... |
BUA Group reportedly in talks to build two plants in east Africa19 February 2016, Published under Cement NewsThe BUA Group of Nigeria in talks with China’s Sinoma to build two cement plants in east Africa and a steel plant in Nigeria for US$1.9bn, according to a report by Reuters. BUA Group chairman, Abdulsamad Rabiu, told the international news agency that the two cement plants will have a capacity of 3Mta and cost US$700m. The steel plant will have a capacity of 1.2Mt at a cost of US$1.2bn. In a statement, BUA said the pact came following the successful start of production at its new Obu cement... |