Dangote Targets Higher Exports With $800m Itori Cement Plant Expansion Plan

Dangote Industries Limited has signed an $800 million Memorandum of Understanding (MoU) with Sinoma International Engineering Company Limited to expand its Itori Cement Plant in Ogun State from six million to 12 million metric tonnes per annum (MTPA), in a move aimed at boosting exports and strengthening Nigeria’s position as Africa’s leading cement producer.
The agreement, signed by the President of the Dangote Group, Aliko Dangote, and the Chairman of Sinoma, Lin Zhong, marks another milestone in the long-standing partnership between the two companies and underscores their commitment to advancing industrial development across Africa.
The expansion project is expected to significantl...