Vanguard News·3 min read·medium

Dangote, Sinoma sign $800m MoU to expand Itori Cement plant capacity to 12 MTPA

N
Nwafor
Dangote, Sinoma sign $800m MoU to expand Itori Cement plant capacity to 12 MTPA
AI Summary

Dangote Industries and Sinoma International have signed an $800 million agreement to double the production capacity of the Itori Cement plant in Nigeria to 12 million metric tonnes per annum. This expansion aims to support domestic infrastructure projects and increase export capabilities across Africa.

Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MoU) worth more than $800 million to expand the Dangote Cement Plant in Itori, Ogun State, increasing its production capacity from six million to 12 million metric tonnes per annum (MTPA).

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in