Cement News tagged under: Ibese

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02 December 2013, Published under Cement News

Sales growth at Dangote Cement continues to outpace the Nigerian cement market with group sales volumes up 29.5 per cent to 9.95Mt, compared to the same period last year. Pre-tax profit for the nine-month period rose 42.6 per cent to NGN151.7bn (US$957m), while EBITDA grew 35.9 per cent to NGN181.1bn (US$1142m). Consolidated group revenue was up 28.7 per cent to NGN289bn (US$1822m) and gross profit reached NGN189.4bn (US$1195m), up 39.4 per cent. Following a deferred tax credit of NGN4.4bn...

West Africa: Dangote Cement to meet demand

10 January 2013, Published under Cement News

With the rising concern of unavailability of cement during certain times of the year in Ghana and the rapid infrastructure development of many economies in Africa, especially the sub region, Dangote has positioned itself to meet the supply needs of estate and private home developers. “We are expanding the capacity of the Ibese plant, which already has two mills which produce a total of 6Mta, with two more units of mills and storage capacity for clinker to produce 12Mta. This will be big en...

Nigeria: Dangote Group employment drive

20 August 2012, Published under Cement News

To generate more employment in the area, Dangote Group has unveiled plans to establish an agro-sacks manufacturing company at Ibese, Ogun state, to complement the Dangote Cement plant in the community as part of the company’s efforts to create employment, as well as other ventures. President of Dangote Group, Alhaji Aliko Dangote disclosed these investment plans during a meeting with Ibese community host members of Yewa North Local Government Council of Baales. Dangote, who was represented ...

Sinoma completes biggest cement factory in sub-Saharan Africa

13 February 2012, Published under Cement News

Sinoma has completed a 6Mta cement plant in Nigeria for Dangote Cement Group. The US$1.6bn plant was formally unveiled on Thursday evening by Nigerian President Goodluck Jonathan at Ibese in southwest Nigeria's Ogun State. Aliko Dangote, chairman of the Dangote Group, said the new plant would generate 7000 direct jobs and many indirect jobs, noting that the Ibese plant is the biggest cement factory in sub-Saharan Africa. "With the commissioning and full operation of the plant, Nigeria wi...

Dangote sets date for Ibese plant launch, Nigeria

30 January 2012, Published under Cement News

Nigeria’s largest cement producer, Dangote Cement, says it will launch its new Ibese plant on 9 February 2012. The plant, with a cement capacity of 6Mta, is situated in Ogun State. President of the Dangote Group, Alhaji Aliko Dangote told Nigerian newspaper, The Moment, that the new plant will help the country cut its reliance on imports, and his organisation has taken up the challenge in leading the way to make the nation self-reliant in cement production. "Our long-term ambition is t...