Dangote, Sinoma sign $800m MoU to expand Itori Cement plant capacity to 12 MTPA

By Udeme Akpan
Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MoU) worth more than $800 million to expand the Dangote Cement Plant in Itori, Ogun State, increasing its production capacity from six million to 12 million metric tonnes per annum (MTPA).
The agreement was signed by the President and Chief Executive of Dangote Group, Aliko Dangote, and the Chairman of Sinoma, Lin Zhong, underscoring the long-standing strategic partnership between the two organisations and their shared commitment to advancing industrial development in Africa. Under the agreement, the expansion project will significantly boost the...