Friday, October 23, 2015

Ibeto Cement to build new $386M plant in Enugu

BUSINESS Nigeria’s Ibeto Cement to build $386-mln plant By PanAtlantic Journal Staff
onOctober 21, 2015 


China’s Sinoma International Engineering Co., Ltd, a wholly owned subsidiary of Zhejiang Sinoma Engineering Design & Research Institute Co., Ltd. has announced that it has recently signed a contract on a cement project worth $386 million with Nigeria’s Ibeto Cement Co

In a corporate notice, the company stated that the project area is located in Enugu, Nigeria. Scope of the contract includes a Nissan 6000 tons of cement clinker production line from crushing limestone mining, cement raw materials to packaging, shipped to the whole process and a 45MW captive power plant, covering engineering design, equipment, steel and material supply, civil works, installation, commissioning and personnel training.

The project cost is estimated at $386,000,000.

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