Dangote To Increase Cement Production

Dangote Pix 2The largest cement manufacturer in Africa, Dangote Portland Cement has hinted of increasing production from 80,000 to 1.5 million tonnes annually to address the frequent shortage of the commodity in Ghana.
This follows Dangote’s intention to inject about US$ 45million towards the expansion of the company’s existing plant at Tema and establishing a new plant at Takoradi in the Western Region.
For the Tema facility, two big silos, each with 6,000 production capacities, at the cost of US$10million would be added to increase the production.
The move is necessitated by the increasing demand for cement for building and other purposes.
Addressing a press conference in Accra, the Vice Chairman of Dangote Cement in Ghana, Tajudeen B. Sijuede said the company had acquired two hectares of land at Takoradi for the commencement of the project within the next few months.
When completed, he said the expansion would create more than 3,000 jobs for Ghanaians.
Mr. Sijuede said the demand for more quality cement on the Ghanaian market was increasing every day, thus the need for the expansion to address the deficit.
He said the company considered customer satisfaction essential and, therefore would not compromise on it.
“We consider customer satisfaction as an essential sustainability feature in the medium to long term investment of every business. We have invested heavily in the Ghanaian economy and would continue to offer our customers the best quality cement,” he said.
Currently, about seven million tonnes of cement are produced in the country annually. However, it looks not enough to meet daily demand, as there is frequent shortage of the commodity.
It is projected that about 15 million tonnes of cement is needed to meet the growing housing and industrial demand in the country.
Mr. Sijuede said that the company had projected a market share of 30 per cent in the next three years, saying this would be backed by sound marketing strategy.
He explained that the weakness of the Ghana Cedi as against other international trading currencies, particularly the United States dollar, was having precarious effects on the cost of production and pricing.
Other challenges include the erratic power outages, he said also affect the company’s operations, but said the firm had a stand-by generator to power its plants during power outage.
Mr. Sijuede shared the view that the price of cement could go up, if it was unclear that the situation would soon normalize.
He, however, assured Ghanaians of additional quality cement production and constant supply after the expansion programme. By Malik Sullemana     

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