Business News

Dangote Signs $4.34 Billion Cement Plant Deal with Chinese Firm

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Cement Plc on Wednesday signed a $4.34 billion cement plant deal with Chinese construction firm Sinoma International Engineering Company Ltd for Constructions of Cement facilities in Nigeria and 10 other countries, according to a report from Proshare. The 10 other countries the plants will […]

LafargeHolcim Completes Tuban Plant Project in Indonesia

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Newly merged world cement, aggregates and concrete firm, LafargeHolcim said early Monday  it has completed its Tuban project in Indonesia. The plant which has an annual capacity of 3.4 million tonnes  is located in Eastern Java around 200 km from the city of Surabaya, […]

LafargeHolcim Agrees with Birla Corporation on Divestment worth CHF 750 million

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Newly merged world cement, aggregates and concrete firm, LafargeHolcim  on Monday announced it has entered into agreement with Birla Corporation Limited for the divestment of certain of its assets in India as part of the merger of its legacy companies for an enterprise value […]