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Reading: Dangote, Sinoma Sign Agreement to Build Six Million Ton Cement Plant in Ogun State
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© OKN MEDIA PUBLISHING 2022 - All rights reserved
Business

Dangote, Sinoma Sign Agreement to Build Six Million Ton Cement Plant in Ogun State

Muhammad A. Aliyu By Muhammad A. Aliyu Published February 1, 2023
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4 Min Read
(L-R) Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Liu Renyue; President/CE, Dangote Industries Limited, Aliko Dangote; Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin; and Group Managing Director, Dangote Industries Limited, Olakunle Alake at the Signing ceremony in Lagos, of 2x6000 TPD Cement Project, Itori Cement Plc, Ogun State in Lagos.
(L-R) Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Liu Renyue; President/CE, Dangote Industries Limited, Aliko Dangote; Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin; and Group Managing Director, Dangote Industries Limited, Olakunle Alake at the Signing ceremony in Lagos, of 2x6000 TPD Cement Project, Itori Cement Plc, Ogun State in Lagos.
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Dangote Industries Limited (DIL) has entered into a partnership with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun State, Nigeria.

The agreement was signed by Aliko Dangote, Chairman of Dangote Cement Plc, and Devakumar Edwin, Group Executive Director, Strategy, Capital Projects & Portfolio Development, DIL. China Sinoma Engineering was represented by its Group President, Yin Zhisong, and Chairman, Liu Renyue.

During the signing ceremony, Dangote stated that the completion of the new cement plant will strengthen the local production capacity of Dangote Cement and increase the company’s total African capacity to 57.6 million tons per annum.

(L-R) Group Managing Director, Dangote Industries Limited, Olakunle Alake; Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Liu Renyue; President/CE, Dangote Industries Limited, Aliko Dangote; President, Sinoma International Engineering (Nanjing) Co. Ltd., Yin Zhisong; and Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin; at the Signing ceremony in Lagos, of 2x6000 TPD Cement Project, Itori Cement Plc, Ogun State.
(L-R) Group Managing Director, Dangote Industries Limited, Olakunle Alake; Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Liu Renyue; President/CE, Dangote Industries Limited, Aliko Dangote; President, Sinoma International Engineering (Nanjing) Co. Ltd., Yin Zhisong; and Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin; at the Signing ceremony in Lagos, of 2×6000 TPD Cement Project, Itori Cement Plc, Ogun State.

He added that the new facility will also increase Nigeria’s capacity to export cement, boosting the country’s foreign exchange inflows and economic diversification.

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Dangote highlighted that the project will drive economic development in the Itori axis through the creation of direct and indirect jobs and attract ancillary businesses seeking to provide goods and services to staff, contractors, and other stakeholders.

He emphasized that constructing the new cement plant is in line with the Dangote Group’s vision of producing locally goods that were previously imported, despite the abundance of raw materials.

Dangote described China Sinoma Engineering as a strategic partner who has contributed to the success of previous key projects within the Dangote Group.

He expressed confidence in the company, stating, “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 Dangote Group’s commitment to 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 journey with the company again.”

The new plant, when operational, is expected to have two lines with a combined daily clinker production capacity of 12,000 TPD.

The facility is expected to be completed within 27 months and will be equipped with best-in-class equipment sourced from Europe’s major equipment suppliers.

The plant will have its own captive power plant to generate electricity for use in the cement kilns and other production processes.

The Itori Cement Plant will be Dangote Cement’s fourth greenfield project in Nigeria, after the Obajana, Ibese, and Okpella Plants.

Dangote Cement is Africa’s leading cement producer, with a production capacity of 51.6 million tons per annum across the continent, with Nigeria accounting for 35.25 million tons.

TAGGED: Dangote, Sinoma
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