Dangote expands to Asia, targets 100mmtpa By 2020

He is doing well abeg,...hehehe....Dangote Cement Plc has expanded its frontiers to Asia by constructing a 3 million metric tonnes per annum (mmtpa) capacity Cement Plant in Nepal, as part of its new investment of $4.34 billion in 10 African countries.
Chairman of Dangote Cement, Aliko Dangote, said this at the signing ceremony of the new plants to be constructed, in partnership with Sinoma, a construction firm, renowned for construction of ultra-modern cement plants worldwide.

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He assured Nigerians that the country will no longer be used as a dumping ground, as the company now has capacity to export 10 million metric tonnes of cement outside the country.
The company is already operating in 15 African countries, excluding Kenya, Niger and Mali, which are new projects.
Its current total capacity stands at 48mmtpa, out of which Nigeria alone has the largest chunk of 29.3mmtpa.
The company will also, on Thursday, commission its new plant in Cameroon with a total capacity of 1.5mmtpa.
Speaking after the contract signing ceremony in Lagos, Dangote said: “We are not only building cement plants in Africa, we have gone far away to NEPAL to build a 3 million metric tonnes capacity Cement Plant.
“By the time all these our new projects are completed in the next two years, Dangote Cement will have more than 70 million capacity but we are not going to stop there.
“Hopefully, by 2020, our target is getting to somewhere around 100 million tons capacity. I can assure you categorically that Africa will not lack cement now and even in the future.
“Africa will be self -sufficient rather than be a dumping ground for other manufacturers of cement.”
The new contract was signed for the construction of the following Plants: 3mmtpa in Nepal, 2.5mmtpa in Ethiopia, 3mmtpa in both Kenya 1&2; 1.5mmtpa in Zambia; 1.5mmtpa in Senegal, 1.5mmtpa in Niger, 1.5mmtpa in Mali, Cameroon, Cote D’Ivoire and Ghana also have Plants of 1.5mmtpa capacity respectively.
Dangote Cement recently commissioned its 1.5 million metric tonnes per annum (mmtpa) capacity cement plant valued at $400 million, with a 30 megawatts coal plant to power the factory.
The project was inaugurated by Zambia President, Edgar Chagwa Lungu, at Masasiti district, Ndola, Zambia.