Europe / Middle East / Africa
Lafarge expands, invests N1.2 bn in ready-mix concrete plant
Apr, 20 2012
(Nigeria) -- Lafarge Wapco Cement Plc has expanded its operations in Nigeria, with the investment of N1.24 billion (six million euros) in the provision of ready-mix concrete products.
The company said it is building plants across Nigeria, starting in Lagos, to provide commercial ready-mix concrete product, targeted at providing products and services to building contractors who need large volumes of already mixed concrete to ensure faster and quality execution of jobs.
Before now, concrete for building is mixed manually and this sometimes results in poor mixture of cement with concrete which produces poor quality job.
Speaking at the just concluded Nigeria Infrastructure and Construction (NIC) exhibition in Lagos, officials of Lafarge said the company has made initial investment of three million Euros in infrastructure development to provide ready-made mixed concrete to construction sites for easy job execution.
“We have plants located strategically around various cities, but Lagos at the moment where we technologically mix the concrete with cement and transport it to the construction site which ensures that the strength and quality is maintained and according to specification. This allows contractors to build fast”, Chris Lobel, General Manager, Lafarge Readymix Nigeria Limited, the new subsidiary of Lafarge said.
Recognizing that there is huge construction contracts on- going in Nigeria which portend more opportunity in the market, Lobel said the firm has bought trucks for transportation of mixed concrete to the construction sites. This model of ready mix is already operational in various African countries where Lafarge operates and this includes SA, Egypt, Zambia, Morocco etc.
Speaking earlier at the exhibition, the Rilwan Yusuf ,Senior Marketing Mnager of Lafarge, said the company which recently constructed 2.5 million metric tones capacity at Latakabu in Ogun State was at the annual exhibition to showcase its products.
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