Dangote and Sinoma sign agreement on new cement plant in Ogun
Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to construct a six million tonnes per annum cement plant in Itori, Ogun State.
The agreement was signed by Dangote Cement Plc Chairman, Aliko Dangote, alongside Group Executive Director, Strategy, Capital Projects and Portfolio Development, DIL, Devakumar Edwin, while ChinaSinoma Engineering was represented by its group chairman, Yin Zhisong, and company chairman, Liu Renyue.
Mr. Dangote, speaking at the signing ceremony, said that the new integrated cement plant upon its completion will strengthen the local production capacity of Dangote Cement, increasing its local capacity to 41.25 million tons per year and its total capacity in Africa at 57.6 million tons per year.
He said the Itori cement factory will also increase Nigeria's ability to export cement, thereby allowing for greater diversification and foreign exchange inflows for the economy.
According to Mr. Dangote, the project is also expected to develop the national economy through the creation of thousands of indirect and direct jobs and stimulate economic development in the Itori axis.
Ancillary businesses, he said, will be attracted to the axis, which will seek to take advantage of the location of the cement plant to provide goods and services to staff, contractors and other parties stakeholders.
He added that the construction of the new cement plant is in line with the Dangote Group's vision to locally produce goods that have been officially imported despite the abundance of raw materials for the local production of these goods.
(l-r ) Group General Manager, Dangote Industries Limited, Olakunle Alake; Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Liu Renyue; Chairman/EC, Dangote Industries Limited, Aliko Dangote; Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Yin Zhisong; and Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Limited, Devakumar Edwin; at the signing ceremony in Lagos, 2×6000 TPD Cement Project, Itori Cement Plc, Ogun State.He described Sinoma as a strategic partner who has been instrumental in the success of key projects in Dangote Group. He said: “We are comfortable working with your company. You have managed some of our key projects and I am confident that this project will be completed as planned. »
Chairman of ChinaSinoma Engineering Group, Yin Zhisong, expressed satisfaction with Dangote Group's commitment and determination in building cement plants across Africa. He said, “It is an honor for us to build another cement plant for Dangote Group. We are proud and happy to be on this adventure with the company again. »
When operational, the plant is expected to have two 6,000 TPD clinker production lines with a total daily installed capacity of 12,000 TPD clinker production. It should be completed within 27 months with the best...
Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to construct a six million tonnes per annum cement plant in Itori, Ogun State.
The agreement was signed by Dangote Cement Plc Chairman, Aliko Dangote, alongside Group Executive Director, Strategy, Capital Projects and Portfolio Development, DIL, Devakumar Edwin, while ChinaSinoma Engineering was represented by its group chairman, Yin Zhisong, and company chairman, Liu Renyue.
Mr. Dangote, speaking at the signing ceremony, said that the new integrated cement plant upon its completion will strengthen the local production capacity of Dangote Cement, increasing its local capacity to 41.25 million tons per year and its total capacity in Africa at 57.6 million tons per year.
He said the Itori cement factory will also increase Nigeria's ability to export cement, thereby allowing for greater diversification and foreign exchange inflows for the economy.
According to Mr. Dangote, the project is also expected to develop the national economy through the creation of thousands of indirect and direct jobs and stimulate economic development in the Itori axis.
Ancillary businesses, he said, will be attracted to the axis, which will seek to take advantage of the location of the cement plant to provide goods and services to staff, contractors and other parties stakeholders.
He added that the construction of the new cement plant is in line with the Dangote Group's vision to locally produce goods that have been officially imported despite the abundance of raw materials for the local production of these goods.
(l-r ) Group General Manager, Dangote Industries Limited, Olakunle Alake; Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Liu Renyue; Chairman/EC, Dangote Industries Limited, Aliko Dangote; Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Yin Zhisong; and Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Limited, Devakumar Edwin; at the signing ceremony in Lagos, 2×6000 TPD Cement Project, Itori Cement Plc, Ogun State.He described Sinoma as a strategic partner who has been instrumental in the success of key projects in Dangote Group. He said: “We are comfortable working with your company. You have managed some of our key projects and I am confident that this project will be completed as planned. »
Chairman of ChinaSinoma Engineering Group, Yin Zhisong, expressed satisfaction with Dangote Group's commitment and determination in building cement plants across Africa. He said, “It is an honor for us to build another cement plant for Dangote Group. We are proud and happy to be on this adventure with the company again. »
When operational, the plant is expected to have two 6,000 TPD clinker production lines with a total daily installed capacity of 12,000 TPD clinker production. It should be completed within 27 months with the best...
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