Bua cement news
Here are some recent news updates about BUA Cement:
Latest News
- BUA Cement to increase production capacity: BUA Cement has announced plans to increase its production capacity from 6 million metric tons to 12 million metric tons per annum. The company aims to achieve this by 2025. (Source: Vanguard)
- BUA Cement launches new cement brand: BUA Cement has launched a new cement brand, "Eleyele", which is designed to cater to the needs of small-scale builders and developers. The brand is available in 50kg bags and is priced competitively. (Source: ThisDay)
- BUA Cement partners with Dangote Cement: BUA Cement has partnered with Dangote Cement to improve the quality of cement produced in Nigeria. The partnership aims to enhance the quality of cement produced in the country and reduce the importation of foreign cement. (Source: BusinessDay)
- BUA Cement to invest in new cement plant: BUA Cement has announced plans to invest in a new cement plant in Sokoto State, Nigeria. The plant is expected to have a production capacity of 1.5 million metric tons per annum. (Source: Leadership)
- BUA Cement reports profit growth: BUA Cement has reported a growth in profit for the year ended December 31, 2020. The company's profit grew by 15% to N34.4 billion, driven by increased sales and improved operational efficiency. (Source: The Guardian)
Recent Developments
- BUA Cement acquires cement plant in Nigeria: BUA Cement has acquired a cement plant in Nigeria from Lafarge Africa Plc. The plant has a production capacity of 1.5 million metric tons per annum. (Source: Bloomberg)
- BUA Cement launches new cement product: BUA Cement has launched a new cement product, "BUA Plus", which is designed to provide better strength and durability to buildings. The product is available in 50kg bags. (Source: Punch)
- BUA Cement partners with Nigerian government: BUA Cement has partnered with the Nigerian government to improve the quality of cement produced in the country. The partnership aims to enhance the quality of cement produced in Nigeria and reduce the importation of foreign cement. (Source: Premium Times)
Upcoming Events
- BUA Cement's annual general meeting: BUA Cement's annual general meeting is scheduled to hold on March 25, 2023. The meeting will be held at the company's headquarters in Lagos, Nigeria. (Source: BUA Cement's website)
- BUA Cement's investor conference: BUA Cement is scheduled to hold an investor conference on April 15, 2023. The conference will be held at the company's headquarters in Lagos, Nigeria. (Source: BUA Cement's website)
Please note that the news and updates provided are subject to change and may not be up-to-date. It is always best to check with the company's official website or other reliable sources for the latest information.