One of the Nigerian leading cement industry, Ibeto Cement Company has signed a contract for a cement project with a Chinese company 'Sinoma International Engineering Co., Ltd', a wholly owned subsidiary of Zhejiang Sinoma Engineering Design & Research Institute Co., Ltd. to construct a cement plant in Enugu, South East Nigeria, worth US$386m.
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 Enugu, Nigeria, which will house the manufacturing and packaging of Ibeto cement product for local (Nigeria) and exportation to the sub sahara African countries.
This was made public in a document made available to Ashiwaju.org by the corporate affair director, states that the , ‘’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 captive power plant, covering engineering design, equipment, steel and material supply, civil works, installation, commissioning and personnel training...’’
Ibeto Cement company is a subsidiary of the Ibeto Group, said to be the largest business enterprise from Nnewi. It is headed by Cletus M. Ibeto.
