BUA Cement PLC is a publicly listed firm headquartered in Nigeria, it produces and markets cement products in the country. It is the second largest producer in Nigeria [1] after Dangote Cement.[2] The company was formed through the consolidation of the cement interest of the BUA Group, promoters of Obu Cement Company and the Kalambaina Company majority owned Cement Company of Northern Nigeria.
BUA Group's entry into the cement market began in 2008 when the government gave them the license to import cement to a selected group of entrepreneurs. BUA initially began operations with a floating cement clinker, re-bagging the products before it went on to purchase controlling interest in the struggling Edo Cement plant.[3] Majority of the firm's raw materials are found close to its plant locations in Edo and Sokoto States.
The company was listed on the Nigerian Stock Exchange in January 2020 with a market cap of $3.2 billion.[4]