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Lafarge Africa Plc, has confirmed plans to expand its plants in Gombe and Ogun States to about 5.5 million metric tonnes per annum.
In a notice to the Nigerian Exchange (NGX) on Wednesday, the company said it was strengthening local cement production with the expansion of its Sagamu Cement Plant in Ogun State and Ashaka Cement Plant in Gombe State.
It noted that the upon completion of the expansion projects, the production capacity of the Ashaka Cement in Gombe State would rise to 2 MT per annum, while the Sagamu facility would increase to 3.5 MT per annum.
The two new plants, the statement disclosed, would be dry plants with preheater kilns, vertical raw mills and roller presses for cement mills to make them energy efficient.
The disclosure signed by the company secretary, Adewunmi Alode, further revealed that the plants are expected to improve product availability and enhance Lafarge Africa’s ability to serve customers efficiently across key markets.
This expansion is coming after the announcement made last year that Huaxin Building Materials Group’s had acquired 83.81 per cent of Lafarge Africa and demonstrates their commitment to Nigeria’s infrastructural development.
The chief executive of Lafarge Africa, Mr Lolu Alade-Akinyemi, stated that the expansion projects reflect the company’s long-term confidence in Nigeria’s growth potential and are aimed at supporting Nigeria’s infrastructure and construction needs.
He explained that the project goes beyond capacity growth to deliver operational and sustainability benefits but also supports value creation for our customers and shareholders while contributing to economic activity and job creation across our host communities and the wider construction ecosystem.
