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BUA's Obu Cement, CCNN to Merge Says $450Million Plant to

Oct 30, 2019October 30, 2019/Bua Group. In its bid to deepen the Nigerian capital market and enhance the growth of the cement industry, BUA Group, one of Africa's largest conglomerates, today, announced the consolidation of its cement business comprising the publicly listed 2million Mtpa Cement Company of Northern Nigeria Plc (CCNN) and 6million mtpa Obu Cement Company Plc.

Osinbajo inaugurates Bua's Obu cement plant in Edo

Osinbajo inaugurates Bua's Obu cement plant in Edo. By. The Eagle Online-August 30, 2017. Facebook. Twitter. the Obu plant is one of the many cement projects we are doing in Nigeria. It is a modern plant with up-to-date facilities. 'will deliver a world-class second line for our Obu Cement Plant".

BUA lists on Nigeria Stock Exchange, hits N1.2trn

Jan 09, 2020BUA Cement, has listed its shares on the Nigerian Stock Exchange with a market capitalisation of N1.2trillion bringing to conclusion, the merger between the BUA-owned cement entities, Cement Company of Northern Nigeria and Obu Cement company. This listing brings BUA Cement's total capacity across all its cement assets to 8million MTPA with an additional 3million

Bua Group set to expand operations across Africa

Bua Group set to expand operations across Africa. 18 Feb 2016 . Chibuike Oguh. to build a steel plant in Nigeria and two cement plants in East Africa. Abdulsamad Rabiu, Bua Group's Chairman, told Reuters on Thursday that Sinoma would build the steel plant with a capacity of 1.2 million tonnes at a cost of $1.2 billion. Binji was the

BUA Group sets to consolidate its cement businesses

The construction of the new cement plant is line with BUA Cement's strategic midterm expansion programme. Less than a week ago, the Security and Exchange Commission (SEC) had approved the merger between the Cement Company of Northern Nigeria (CCNN) and BUA's Kalambaina Cement Company.

BUA Consolidates Cement Business Announces Completion

Oct 30, 2019Commenting, Abdul Samad Rabiu, Founder Executive Chairman of BUA Group, said that this consolidation marks the culmination of the first phase of the BUA mid-term strategic plan for its cement businesses, which currently include four cement plants spread across Obu Cement Company and the Cement Company of Northern Nigeria. A new $450million

BUA and CBMI sign agreement for new Nigerian cement plant

Industrial group BUA has signed a contract with Chinese cement manufacturing company CBMI for the construction of a new plant in Nigeria. The Kalambaina Cement Line 2 plant will be located in Sokoto State in the north West of the country and is planned to manufacture 3million metric tonnes of cement

BUA's Obu Cement, CCNN Set To Merge As BUA Group

announces completion date for new $450m Kalambaina II Plant. In its bid to deepen the Nigerian capital market and enhance the growth of the cement industry, BUA Group, on Wednesday announced the consolidation of its cement business comprising the publicly listed two million Metric Tonnes Per Annum (MTPA) Cement Company of Northern Nigeria Plc (CCNN) and six million MTPA Obu Cement Company

BUA Cement's N1.2tr listing lifts equities to N15.2tr

Jan 10, 2020BUA Cement, the emergent company from the merger of Cement Company of Northern Nigeria (CCNN) Plc and OBU Cement, listed 33.86 billion ordinary shares of kobo each at N35 per share, totaling initial market capitalisation of N1.19 trillion. With the listing, BUA Cement emerged the third biggest company at the Nigerian stock market.

BUA cement listed in Nigeria, market capitalization at US

Jan 11, 2020BUA Cement, West Africa's second largest cement company, was listed on the Nigerian Stock Exchange recently and reached a market capitalization of US$3.3bnillion on the day of its listing. . The listing also coincided with the merger of two of BUA's cement entities- Cement Company of Northern Nigeria and Obu Cement company. It also secures []

BUA consolidates Cement business with Obu, CCNN merger

In its bid to deepen the Nigerian capital market and enhance the growth of the cement industry, BUA Group, one of Africa's largest conglomerates, today, announced the consolidation of its cement business comprising the publicly listed two million mtpa Cement Company of Northern Nigeria Plc (CCNN) and six million mtpa Obu Cement Company Plc.

Huge Economy Booster! BUA Consolidates Entire Cement

Commenting, Abdul Samad Rabiu, Founder Executive Chairman of BUA Group, said that this consolidation marks the culmination of the first phase of the BUA mid-term strategic plan for its cement businesses, which currently include four cement plants spread across Obu Cement Company and the Cement Company of Northern Nigeria. A new $450million

bua cement plant in edo state

Nov 08, 2018 installed capacity hits 8million MTPA; Partners SON ITF to train blockmakers across Nigeria . Less than 6 months after commissioning its mtpa Kalambaina Cement Plant in Sokoto state, BUA Cement, has announced that it has completed construction of its newest Cement Factory – The 3million MTPA Obu II Cement plant, Okpella in Edo State, Nigeria.

BUA Cement Complete Construction Of New Obu Cement Plant

Less than 6 months after commissioning its 1.5million mtpa Kalambaina Cement Plant in Sokoto state, BUA Cement, has announced that it has completed construction of its newest Cement Factory – The 3million MTPA Obu II Cement plant, Okpella in Edo State, Nigeria.

BUA Cement lists 33.86bn shares on NSE, becomes third

Jan 10, 2020West Africa's second-largest Cement company, BUA Cement, today listed on the Nigerian Stock Exchange with a market capitalization of 1.2trillion Naira (USD3.3billion) bringing to a conclusion, the merger between the BUA-owned cement entities, Cement Company of Northern Nigeria and Obu Cement company. L – R: Finn

BUA Group test run new line of cement plant before

Jun 23, 2018In the same vein: The BUA Group also operates a 3.5Mt/yr cement plant at Okpella Obu in Edo state respectively in the mid-west of Nigeria which is a multi-million dollars investment contract with SINOMA to expand capacity it OBU Cement Plant in Okpella, Edo State.

BUA Group consolidates cement operations in Nigeria

One of Africa's largest conglomerates, BUA Group, on Wednesday said it is executing a merger of its two cement subsidiaries comprising the publicly listed Cement Company of Northern Nigeria Plc (CCNN) with two million metric tonnes per annum (mtpa) capacity and the 6-million mtpa Obu Cement Company Plc as part of a strategic plan to consolidate the group's cement production and deepen its

BUA Group Orders 48MW Power Plant To Boost Sokoto Cement

This comes barely 90 days after the completion of another 3million MTPA BUA Obu Cement Line 2 in Okpella, Edo State, Southern Nigeria, and seven months after the inauguration of its 1.5million MTPA Kalambaina Cement Plant Line 1 in Sokoto State, thus bringing BUA Cement's total installed capacity to 11million MTPA by the time the new project

Cement

BUA Group possesses a strong capacity in cement manufacturing with 3 major subsidiaries and plants in Northern and Southern Nigeria as well as a 2 million metric tonnes per annum floating terminal serving niche markets. The Group also holds a stake in Damnaz Cement Company Ltd which is the Majority Shareholder in Cement Company of Northern Nigeria.

BUA Cement Complete Construction Of New Obu Cement Plant

Less than 6 months after commissioning its 1.5million mtpa Kalambaina Cement Plant in Sokoto state, BUA Cement, has announced that it has completed construction of its newest Cement Factory – The 3million MTPA Obu II Cement plant, Okpella in Edo State, Nigeria.

BUA lists on Nigeria Stock Exchange, hits N1.2trn

Jan 09, 2020BUA Cement, has listed its shares on the Nigerian Stock Exchange with a market capitalisation of N1.2trillion bringing to conclusion, the merger between the BUA-owned cement entities, Cement Company of Northern Nigeria and Obu Cement company. This listing brings BUA Cement's total capacity across all its cement assets to 8million MTPA with an additional 3million

BUA's Obu Cement, CCNN set to merge – Newtelegraph

Oct 31, 2019Announces completion date for new $450m plant I n a bid to deepen the Nigerian capital market and enhance the growth of cement industry, BUA Group, one of Africa's largest conglomerates, yesterday announced the consolidation of its cement business comprising the publicly listed two million mtpa Cement Company of Northern Nigeria Plc (CCNN) []

BUA Cement: driving demand for Nigerian mining

Late last year, BUA Cement began drilling in Ebonyi State in preparation for developing a new cement plant to take advantage of limestone and coal reserves in the state. BUA has now invested more than $2bn in the Nigerian cement indus- try. The company's investment, alongside that of other companies, is transforming Nigeria into a net cement

Bua Cement Plant O

Bua Cement Plant O, Lagos, Nigeria. 122 likes. Industrial Company. Jump to. Sections of this page. Accessibility Help. Press alt + / to open this menu. Facebook. Email or Phone: Password: Forgot account? Explore local businesses on Facebook. Sign Up. Bua Cement Plant O. Industrial Company

BUA Cement lists 33.86bn shares on NSE, becomes third

Jan 10, 2020West Africa's second-largest Cement company, BUA Cement, today listed on the Nigerian Stock Exchange with a market capitalization of 1.2trillion Naira (USD3.3billion) bringing to a conclusion, the merger between the BUA-owned cement entities, Cement Company of Northern Nigeria and Obu Cement company. L – R: Finn

BUA Group

Nigeria: Obu Cement and Cement Company of Northern Nigeria (CCNN), both subsidiaries of BUA Group, are set to merge. Abdul Samad Rabiu, founder and executive chairman of BUA Group, said that the merger 'marks the culmination of the first phase of the BUA mid-term strategic plan,' which aims at deepening the domestic cement market and enhancing industry growth.

BUA's Obu Cement, CCNN set to merge as BUA Group

In its bid to deepen the Nigerian capital market and enhance the growth of the cement industry, BUA Group, one of Africa's largest conglomerates, today, announced the consolidation of its cement business comprising the publicly listed 2million Mtpa Cement Company of Northern Nigeria Plc (CCNN) and 6million mtpa Obu Cement Company Plc.

ITREALMS: Obu Cement, CCNN to merge as BUA Group

Oct 30, 2019To consolidate position as one of the largest cement conglomerates on the continent, BUA Group's Obu Cement Company plc has merged with Cement Company of Northern Nigeria Plc (CCNN), reports ITREALMS. Disclosing this in a filing to regulators, BUA also revealed its newest 3 million metric tonnes cement plant which it started constructing in 2018 worth $450million dollars, the

BUA Group test run new line of cement plant before

Jun 23, 2018In the same vein: The BUA Group also operates a 3.5Mt/yr cement plant at Okpella Obu in Edo state respectively in the mid-west of Nigeria which is a multi-million dollars investment contract with SINOMA to expand capacity it OBU Cement Plant in Okpella, Edo State.

BUA Consolidates Cement Business, To Unveil $450m Plant In

Oct 31, 2019Commenting, Abdul Samad Rabiu, Founder Executive Chairman of BUA Group, said that this consolidation marks the culmination of the first phase of the BUA mid-term strategic plan for its cement businesses, which currently include four cement plants spread across Obu Cement Company and the Cement Company of Northern Nigeria. A new $450million

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