HBM Nigeria plans 5.5Mt cement capacity expansion

HBM Nigeria Plc (formerly Lafarge Africa) announced plans to add 5.5 million tonnes of cement capacity in Nigeria: a 2Mt expansion at Ashaka by December 2026 and a 3.5Mt plant in Sagamu by January 2027. The expansion follows Huaxin Cement's $1bn acquisition of a majority stake.

“The scaling of operations follows a 1US$bn acquisition of the company's majority stake by Chinese industrial giant Huaxin Cement from the Holcim Group.”cemnet.com

• 3 sources
• cemnet.comHBM Nigeria targets massive 5.5Mt expansionICR NewsroomJun 25, 2026
• independent.ngHBM Plans 4.5mmt Cement Production Expansion At Sagamu, Ashaka Plants – Independent Newspaper NigeriaApata OyeniranJul 15, 2026
• thesun.ngHBM Nigeria posts N208bn H1 profitChukwuma UmeorahAug 3, 2026

Summarized from public sources; check the original articles before acting on it.