BUA Cement Plc, the Nigerian cement producer controlled by billionaire Abdul Samad Rabiu, plans to lift its annual production capacity to 20 million tonnes within the next 20 months, as it moves ahead with a 240 million expansion that includes a new power plant and supporting infrastructure.
The expansion marks another step in BUAs push to scale operations in Africas largest cement market, where demand remains closely tied to government infrastructure spending and private-sector construction. The company currently operates with installed capacity of about 11 million tonnes a year.
The plan was discussed earlier this week during a meeting at BUAs Dubai office with executives from CBMI Construction Co. Ltd., a China-based engineering firm that designs and builds cement plants and power facilities. The talks centered on adding new production lines to narrow the capacity gap with larger competitors, including Dangote Cement, which has installed production capacity of 52 million tonnes annually.
