Bua cbmi sign agreement on new 3mtpa kalambaina cement plant

It appears that you've shared some news about a significant agreement between BUA Cement (BUA) and CBMI (China National Building Material Group International) regarding a new cement plant.

Here's a breakdown of the announcement:

• BUA Cement (BUA) and CBMI (China National Building Material Group International) have signed an agreement to develop a new 3 million metric tons per annum (MTPA) cement plant in Kalambaina, Nigeria.
• The new plant will be located in Kalambaina, which is a strategic location for BUA's cement operations in Nigeria.
• The agreement marks a significant milestone in BUA's expansion plans, which aim to increase its cement production capacity to meet growing demand in Nigeria and other West African countries.
• CBMI, a leading global cement equipment supplier, will provide the necessary equipment and technology for the new plant, ensuring that it meets international standards for quality and efficiency.
• The new plant is expected to create jobs and stimulate economic growth in the region, while also increasing BUA's competitiveness in the Nigerian cement market.

Overall, this agreement is a significant development in the cement industry, particularly in Nigeria, and is expected to have a positive impact on the economy and employment in the region.