Blueprint Newspapers·3 min read·medium
Dangote, Sinoma sign $800m MoU to expand Itori Cement plant capacity
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Blessing Anaro
✦AI Summary
Dangote Industries and Sinoma International have signed an $800 million agreement to expand the Itori Cement plant in Nigeria. The project aims to increase production capacity to 12 million metric tons annually to support domestic infrastructure and regional exports.
Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MOU) valued over $800 million for the expansion of the Dangote Cement Plant in Itori, Ogun State, increasing its production capacity to 12 million metric tons per annum.
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