Original disclosure @ IFC website
Updated in EWS Jan 8, 2023
Disclosed by Bank Jul 25, 2022
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BUA Cement PLC owns and operates two cement plants i.e., one in Sokoto State, northwestern Nigeria known as the Kalambaina plant, and another one in the Edo State, in southern Nigeria. According to the Bank’s website, the project is BUA’s expansion of the Sokoto Kalambaina plant (“SKP”). The Project includes i) expanding cement production capacity by 6 MTPA by constructing two modern, large-scale integrated cement lines i.e., lines 4 and 5 ii) constructing 120 MW (existing 50 MW plus new 70 MW) of captive gas-based power plants; iii) installing a 10 MW solar power plant; iv) expanding the cement distribution fleet; v) expansion of quarry operations including equipment and machinery to increase associated operations; vi) constructing additional storage silos, vii) building infrastructure in support of the use of liquified natural gas (LNG) allied to additional diesel storage tanks, and viii) working capital.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||BUA CEMENT PLC||Client||-|
BUA Cement Plc
Technical Assistant to MD / CEO
5th Floor BUA Towers - PC 32, Churchgate Street, V/I, Lagos, Nigeria
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