Dangote Cement, Africa's leading cement manufacturer, has announced its plans to expand production capacity by constructing a new 6 Mt integrated cement plant in Itori, Ogun State. The Group Managing Director of Dangote Cement, Arvind Pathak, stated that the new plant will strengthen local production of Dangote Cement in Africa.
Pathak also revealed that the company is nearing completion of its plans to establish grinding plants in Ghana and Cote d'Ivoire, which will ensure the availability of cement in all African countries. He made these announcements during the closing gong ceremony at the Nigerian Exchange Ltd (NGX), where he was introduced as the new Group Managing Director of Dangote Cement to the Exchange's dealing members.
"We have successfully completed our 0.4 million tonnes grinding plant in Ghana and are on track to complete our 1.5 million tonnes grinding plant in Cote d'Ivoire," Pathak said. "In addition, we are strengthening our local production capacity efforts to meet future demand with a 6Mt integrated cement plant in Itori, Ogun State. The Itori cement plant will increase Nigeria's capacity to export cement, enabling more diversification and foreign exchange inflows for the economy."
Pathak expressed Dangote Cement's pride in its strong ties with the NGX and its commitment to finding new ways to engage and foster this partnership. He emphasized the significance of the NGX as a platform for Dangote Cement's stock trading and capital raising activities.
