M a r k e t N e w s
Dangote Cement New Factory In Tanzania To Start Production In August 2015
Posted on : Friday, 22nd May 2015
Aliko Dangote, the owner of Dangote Cement announced that the new Tanzania factory is ready to start production by August 2015.The company who is the largest manufacturer of cement in the African continent is building a USD 500 million factory in southern Tanzania with an annual capacity of 3 million tonnes.
The Tanzania plant will supply the domestic market and export to landlocked countries in the region and is expected to bring the country's annual output of cement to 6 million tonnes.
Aliko Dangote indicated that the company applied last year for a license to build a 75 megawatt coal-fired plant in Tanzania that would power the cement factory although it will be initially powered by the electricity grid.
Dangote Cement aims to have plants across Africa to increase the annual capacity from an estimated 42 million tonnes in 2014 to 62 million tonnes by 2017.
Source : TANZANIA INVEST
