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BUA set to establish cement factory in the South-East

Damilare Famuyiwa by Damilare Famuyiwa
September 6, 2018
in Business News, Company News
Kalambaina Cement Line 2, BUA Grou BUACEMENT builds Nigeria’s bourse, Investors gain N44.4 billion , Kalambaina Cement, CCNN
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The Group Executive Director of BUA Group, Kabiru Rabiu has announced the company’s plan to establish a cement factory in Ebonyi, a Southeastern state in Nigeria.

While expressing his shock that the state has no functional cement factory despite the enormous limestone deposit within the state, Rabiu disclosed that BUA has commenced core drilling of its cement factory in the state.

Maintaining that limestone is the major raw material used in the production of cement, the Managing Director stressed that coal, a necessary energy needed for cement production is also in abundance in the state.

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“We are planning to set up a cement plant here in Ebonyi state.

“The state is actually the host of the first cement plant in Nigeria, the NIGERCEM but it is quite surprising that today there is no single operational cement plant not only in Ebonyi state but in the entire eastern part of Nigeria.

“We are here because the state is blessed. It has a huge deposit of limestone which is very high in quality. The state also has coal which is a necessary energy needed for cement production.” – Rabiu

BUA Cement recently in July, commissioned a new production plant in Sokoto State in the presence of notable dignitaries including Nigeria’s Vice President, Professor Yemi Osibanjo.

The new plant, which was valued at ₦126 billion, is adjudged the largest privately-owned investment in the entire North Western part of the country. It has an installed production capacity of about 1.5 million metric tonnes and will contribute to the volumes already produced by the company’s other factories.

BUA Group started business in 1988 as a Private Limited Liability Company specialising in the importation and marketing of iron & steel, agricultural and industrial chemicals. Since then it has rapidly developed into a fully-fledged, diversified business with a stake in a wide range of business sectors.

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Tags: BUA groupcement factoryDavid UmahiEbonyi state

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