Dangote Cement Plc has announced the commencement of the construction of new cement plants in two communities in the country.
The new plants are expected to add 9 million metric tonnes (MMT) per annum to the company’s current local cement output of 29.25MMT, bringing it to a total of 38.25MMT per annum.
The company listed the communities the new plants are sited as Okpella in the northern part of Edo State with a 3MMT per annum plant, and another 6MMT per annum capacity plant in Itori in Ogun State.
The group managing director/chief executive officer, Dangote Cement Plc, Devakumar Edwin, who made the announcement in Lagos, explained that the Okpella plant would be made up of one line and would produce a total of 3 million metric tonnes per annum, and the Itori plant, which will deliver approximately 6 million tonnes per annum from two production lines. Both plants are expected to come on stream within the next three years.
Devakumar said the move by the company was to help expand the spread of the company’s manufacturing outfits, thereby reducing the transportation cost component of their operations.
He added that the new investments would further lower the cost of production, bring about a future reduction in the price of cement and also generate employment opportunities for the youths of host communities.
