United Cement Company of Nigeria Limited (UNICEM), Calabar, started as a joint venture between Flour Mills of Nigeria Plc and Holcim Trader's SA, one of the leading global cement manufacturers.
Incorporated in October 2002, UNICEM purchased the assets from its liquidator the former state-owned CALCEMCO for a total cash consideration of N1.04 billion (US$8.1 million).
A thorough rehabilitation project worth c.a. N1.9 billion (US$15 million) was successfully carried out, converting the old factory into a state-of-the-art cement operation.
In May 2004 UNICEM commenced commercial operations, with a cement grinding capacity of approximately 350,000 MT per annum. The Company produces premium quality Ordinary Portland Cement, delivered to its customers either in standard 50kg bags, jumbo bags or in bulk.
Currently, the Company is erecting a green field cement plant with a total capacity of 2.5 million tons of cement per annum with an estimated project cost in excess of US$500 million.
For inquiries please contact: unicem@fmnplc.com
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