Sunday, October 1, 2023 We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year in order to spur development in the building materials and infrastructure sectors. As per the commitment made to reduce prices and following a periodic review …
ABUJA, August 31, 2023 Abdul Samad Rabiu, Chairman of BUA Cement Plc, Nigeria’s second-largest cement company, announced during the BUA Cement FY2022 Annual General Meeting that the company plans to commission its Obu Line 3 factory and Sokoto Line 5 factory by Q1 2024 with a combined capacity of 6million metric tonnes per annum. This …
Notice is hereby given that the 7 Annual General Meeting (“the Meeting”) of BUA Cement Plc (“the Company”) will hold on Thursday, August 31, 2023, at the Congress Hall of Transcorp Hilton Hotel, No. 1, Aguiyi Ironsi Street, Maitama, Abuja at 11:00 am, to transact the following business: View Notice here
Abidjan, Côte d’Ivoire, June 5, 2023 IFC today made its largest-ever investment in northern Nigeria, providing a financing package alongside African and European partners to BUA Cement Plc to help the company part-finance and develop two new, energy-efficient cement production lines that will create up to 12,000 direct and indirect jobs. IFC’s $500 million financing …
Click here to participate To download the BUA Cement Plc Q3 2022 Unaudited Financial Statement, click here To download the Conference Call Presentation, click here
…targets 17 Million Metric tonnes per annum by 2023 Abuja, 21Jul2022 – Shareholders of one of Africa’s largest manufacturing companies, BUA Cement Plc, have approved dividends of N88.047billion for its financial year ended December 31, 2021 at N2:60k per ordinary share of 50k each. This approval was given during the company’s 6th Annual General …
BUA Cement declares N88.047billion dividend payout for shareholders Read More »
Sokoto, 27Jan2022 – BUA Cement Plc yesterday commissioned its new 3 million metric tonnes Sokoto Line 4 cement plant. The new plant was commissioned by President Muhammadu Buhari. Addressing guests in his opening remarks, The Chairman, BUA Group, Abdul Samad Rabiu noted that the company will continue to invest more in the cement industry until …
President Buhari commissions BUA Cement’s new 3 million MTPA Sokoto Line 4 Plant Read More »
…as Wartsila is set to build 70MW Gas Power Plant for BUA Cement Obu Line III in its third contract with Nigeria’s BUA Cement Abuja, 24Nov2021 – BUA has signed yet another agreement with Wartsila OY of Finland for the construction of a 70megawatts dual-fuel power plant for its BUA Cement Obu Line 3 …
BUA, Wartsila OY of Finland extend partnership with new 70MW gas power plant Read More »
Lagos – 17Sep2021. BUA has signed an agreement with Wartsila OY of Finland for the construction of a 70megawatts dual-fuel power plant for the BUA Cement Sokoto Line 4 in Sokoto state, North-West Nigeria. This announcement comes as BUA recently revealed that it was looking to boost its production capacity in Nigeria over the next …
