Cement News tagged under: Ibeto Group

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Ibeto Group completes planning stages of two new plants

16 July 2018, Published under Cement News

Nigeria’s Ibeto Group has announced that its project with Sinoma to construct two cement plants in Nkalagu and Effium, Ebonyi State, has concluded the planning stages. The first factory will be situated adjacent to Nigerian Cement Co’s Nkalagu plant and have a 9000tpd capacity, according to Cletus Ibeto, CEO, Ibeto Group. "We are not going to remove anything from the old plant but set up the new one beside the moribund factory," said Mr Ibeto. "We will also commence another plant in Effi...

Nigeria: managing the surplus

18 February 2013, Published under Cement News

Earlier this week United Cement Company of Nigeria Ltd (Unicem) became the latest domestic producer to announce a new round of investment as it aims to double capacity by 2016. But with the country's recent drive to increase volumes resulting in the present-day overcapacity situation, particularly in the southwest, how will the market deal with the situation and what measures are producers taking to manage the surplus?   The last two years have seen Nigeria come of age, at once becoming sel...