Ibeto Cement Partners Sinoma to build US$386m Cement Plant in Enugu
Ibeto Cement Company has signed a contract for a cement project with China National Materials Company’s Shanghai-listed subsidiary Sinoma International Engineering Co. Ltd.
China’s Sinoma International Engineering Co. Ltd is a wholly owned subsidiary of Zhejiang Sinoma Engineering Design & Research Institute Co. Ltd.
Sinoma International Engineering Co’s contract with Ibeto Cement Company Limited is for a 6000t/day clinker line and 45MW self-generation power plant.
In a corporate notice, the company stated that the cement plant will be located at Enugu State, South Eastern part of Nigeria.
The contract is worth US$386m.
According to the statement, “Scope of the contract includes a Nissan 6000 tons of cement clinker production line from crushing limestone mining, cement raw materials to packaging, shipped to the whole process and a 45MW capacity power plant, covering engineering design, equipment, steel and material supply, civil works, installation, debugging, commissioning and personnel training”.
About Ibeto Cement
The Ibeto Group commenced business in the cement sector in 1997 with the importation of ship-loads of bagged Portland cement through the Apapa ports.
The company was conceived in 2001 following the Federal Government ban of the importation of cement in bags and the institution of a new policy of bulk importation and local bagging.
Located in Bundu Ama, Port Harcourt, Rivers State, it started producing bagged cement at its Bagging Terminal in June 2005. The Terminal is an ultra-modern bagging plant with a Flat-storage capacity of 50,000 metric tons and a production capacity of 1,500,000 tons per annum which translates to a production capacity of not less than 6,000 metric tons per day. It has two (2) production lines, each with a capacity of 2700 of 50kg bags per hour or designed total production capacity of 5400 of 50kg bags per hour. This means that nine (9) trucks of 600 bags each will be loaded every hour. It also has a third production line for big bags of 1500 kilograms, popularly known as the Big Bag Plant and yet a fourth production line for Bulk Cement powder which is loaded on special cement trucks fitted with tanks and discharge pumps.
A modern Jetty that can take in ships of over 190 metres in length with a sophisticated Ship-Unloader was constructed at the waterfront as an integral part of the facilities.
In further response to the Federal Government’s call for a total shift from mere bagging to actual production of cement locally, The Ibeto Group has started work on a 5-million tonnes per annum Cement Manufacturing Plant in Effium, Ebonyi State.
Ibeto Cement company is a subsidiary of the Ibeto Group, and headed by Dr. Cletus M. Ibeto.
Ibeto Group interest spans the following sectors;
- Photographic Processing
- Industrial Manufacturing
- Real Estate
- Bulk importation of commodities
- Clearing & Forwarding
- Cooking & Industrial Gas
- Cement Bagging
- Crude Oil Marketing
- Gas Gathering & LPG Distribution