BUA Cement was incorporated in 2008 and commenced operations in the same year through its floating cement terminals, ‘BUA Cement 1’, designed specifically for bulk and bag cement unloading.
In the second quarter of 2015, BUA signed a contract with FLSmidth for a 3 million mtpa new production line in Edo Cement to be sited at Obu, Edo state.
In 2020, BUA Group consolidated its cement operations and listed BUA Cement Plc on the Nigerian Stock Exchange with a total combined installed capacity of 8million mtpa and a market capitalization of N1.18trillon (US$3.3bn), making it the second largest cement producer in the Nigerian market and the largest cement producer in the North Western region of the country.
