Tag: Union Dicon Salt Plc

UNIONDICON Signs Deal with GEA Westphalia of Germany on Industrial Starch Facility

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Union Dicon Salt Plc (UDS) on Friday said it has finalised agreement with GEA Westphalia of Germany to build the largest industrial starch processing facility in Nigeria. This is in furtherance of the Consumer Goods Company’s transformation strategy approved by its board of directors, to […]

Restructuring: UNIONDICON Earmarks $100 Million for Diversification-Cordros

By InvestAdvocate Lagos (INVESTADVOCATE)- Salt producer and food products firm, Union Dicon Salt Plc (UNIONDICON) said its seeking to restructure and has earmarked $100 million for diversification, according to Cordros capital company update. Cordros reported that the plan, according to its management is to transform the company from an integrated […]