The agreement was signed by the Chairman of Dangote Cement
Plc, Aliko Dangote alongside the Group Executive Director, Strategy, Capital
Projects & Portfolio Development, DIL, Devakumar Edwin, while China Sinoma
Engineering was represented by its Group President, Yin Zhisong, and the
company’s Chairman, Liu Renyue.
Dangote speaking at the signing ceremony, said that new
integrated cement plant at completion will strengthen the local production
capacity of Dangote Cement, bringing its local capacity to 41.25 million tons
per annum and total African capacity to 57.6 million tons per annum. He said
the Itori Cement Plant will also increase Nigeria’s capacity to export cement,
thereby enabling more diversification and foreign exchange inflows for the
economy.
According to Dangote, the project is further expected to
develop the domestic economy through creation of thousands of indirect and
direct jobs and drive economic development in the Itori axis. Ancillary
businesses, he stated will be drawn to the axis, who will be seeking to take
advantage of the location of the cement plant to provide goods and services to
staff, contractors and other stakeholders.
He added that constructing the new cement plant is in line
with Dangote Group’s vision of producing locally goods that were formally
imported despite the abundance of raw materials for local production of such
goods.
He described Sinoma as a strategic partner who has been
instrumental to the success of key projects in Dangote Group. He said, “We are
comfortable working with your company. You have handled some of our key
projects and I am positive that this project will be completed as scheduled.
Group President of China Sinoma Engineering, Yin Zhisong,
expressed satisfaction with the commitment and determination of the Dangote
Group in building cement plants across Africa. He said: “It is an honour for us
to build another cement plant for Dangote Group. We are proud and happy to be
on this journey with the company again.
When operational, the plant is expected to have two Lines x 6,000 TPD Clinker Production with an installed daily total capacity of 12,000 TPD of Clinker production. It is expected to be completed within 27 months with best-in-class equipment in the cement industry, sourced from Europe’s major equipment suppliers.
The plant will have its own captive power plant to generate
electric power for use by cement kilns and other production processes.
The Itori Cement Plant will be Dangote Cement’s fourth
cement plant constructed as a green field project in Nigeria, the rest are
Obajana, Ibese and Okpella Plants.
Dangote Cement is Africa’s leading cement producer with
51.6Mta production capacity across Africa with Nigeria accounting for
35.25Mta.
Obajana plant in Kogi state, Nigeria, is the largest in
Africa with 16.25Mta of capacity across five lines; Ibese plant in Ogun State
has four cement lines with a combined installed capacity of 12Mta; Gboko plant
in Benue state has 4Mta; and Okpella
plant in Edo state has 3Mta.
0 comments:
Post a Comment