The Cement Company of Northern Nigeria (CCNN) is reported to have unveiled an expansion project that will raise the capacity of its existing cement plant in Nigeria by 200% to 1.5 million tonnes.
CCNN’s ambitious project is estimated to cost around US$296 million (NGN 48 billion), with BUA International providing the start-up fund. BUA International through its wholly-owned subsidiary, Damnaz Cement Company, owns a 50.72% interest in CCNN.
September 12, 2014
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The Cement Company of Northern Nigeria (CCNN) is reported to have unveiled an expansion project that will raise the capacity of its existing cement plant in Nigeria by 200% to 1.5 million tonnes.
CCNN’s ambitious project is estimated to cost around US$296 million (NGN 48 billion), with BUA International providing the start-up fund. BUA International through its wholly-owned subsidiary, Damnaz Cement Company, owns a 50.72% interest in CCNN.