Cement Company Of Northern Nigeria Plc (CCNN.ng) 2006 Annual Report

first_imgCement Company Of Northern Nigeria Plc (CCNN.ng) listed on the Nigerian Stock Exchange under the Building & Associated sector has released it’s 2006 annual report.For more information about Cement Company Of Northern Nigeria Plc (CCNN.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Cement Company Of Northern Nigeria Plc (CCNN.ng) company page on AfricanFinancials.Document: Cement Company Of Northern Nigeria Plc (CCNN.ng)  2006 annual report.Company ProfileCement Company of Northern Nigeria Plc manufactures and sells cement in Nigeria under the brand name Sokoto Cement. The company produces CEM II type cement which is used by the home building and construction sectors in Nigeria for making cement blocks as well as for plastering and concrete works. CEM II type cement is renowned for its high early strength, rapid setting and low heat of hydration which is ideal for major construction works. The cement brand name is taken from the founder of the company, the Premier of the then Northern Region, Alhaji Sir Ahmadu Bello, Sardauna of Sokoto. It was incorporated in 1962 and started producing cement in 1967 to meet the demand for cement needed for the expansion of Kalambaina Plant. Cement Company of Northern Nigeria Plc was privatised and a member of Heidelberg Cement Group, Scancem International ANS of Norway, was elected core investor and technical partner in 2000. A Nigerian-based firm, Damnaz Cement Company Limited, became the new core investor in 2008 when Heidelberg divested its stake in the business. BUA International Limited acquired Damnaz Cement Company and became the majority shareholder in Cement Company of Nigeria plc and its technical partner. The company’s head office is in Lagos, Nigeria. Cement Company of Northern Nigeria Plc is listed on the Nigerian Stock Exchangelast_img