October 3, 2022
Uncategorized

Nigeria: Lafarge won’t chase Dangote, BUA to build new cement capacity – The Africa Report

  • November 3, 2021
  • 2 min read
Nigeria: Lafarge won’t chase Dangote, BUA to build new cement capacity – The Africa Report

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By David Whitehouse
Posted on Tuesday, 2 November 2021 16:38
Lafarge Africa plans to improve the utilisation of its installed cement capacity in Nigeria to meet increased demand, Nigeria country CEO Khaled El Dokani tells The Africa Report.
The company’s ‘debottling’ programme underpinned by new industry technology will lead to the availability of about 2 million tons of incremental capacity and will address the market’s medium-term growth prospects, El Dokani says. He expects the utilisation rate will increase from about 55% now, to about 80% in two years.
READ MORE Nigeria: Dangote Cement to invest in capacity to meet demand
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Several international groups are eyeing the Libyan market, which is worth an estimated $111bn. Ankara is currently ahead of its Italian, Chinese and French competitors, but political instability could change the situation.
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