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First calcium carbonates plant targets 1m MT

Izedon Carbonates, a privately owned manufacturing company trading as IzeCarb, has opened its calcium carbonates production plant at Lampese in Edo State, Nigeria.

The manufacturing plant is equipped with state-of-the-art machinery with highly automated processes to enhance efficiency.

IzeCarb is the only integrated calcium carbonates production plant in Nigeria with a federal government-licensed and approved quarry to mine high-quality dolomite and process it into calcium carbonates, which serves as the essential raw material for various products, including oil and gas drilling fluids, Polyvinyl Chloride (PVC), paints and coatings, and Plaster of Paris (POP).

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IzeCarb operates a “Quarry to Customer” model and boasts a fleet of 50-ton delivery trucks that take products directly to customers, setting it apart from other industry players, a statement by the firm yesterday said.

Speaking at the commissioning of the plant at Lampese, Chairman and Founder, Izedon Carbonates, Mr Osayi Izedonmwen, said that dolomite is one of Nigeria’s mineral resources with huge deposits in Edo State that can boost Nigeria’s non-oil revenue, create jobs and diversify the economy.

“Import substitution is our end goal. We foresee a future in which Nigeria will no longer need to import calcium carbonates because of the high-quality calcium carbonates produced at IzeCarb.

“In our first phase of operation, which should span about six months, we intend to meet the current local demand, and within one year, scale our production to 200,000 metric tons annually.

“Furthermore, we have bold ambitions to grow our production capacity to 1 million metric tons within three years to serve Nigeria and the West Africa sub-region,” Izedonmwen said as quoted in the statement.

Also, the Managing Director/ CEO, Bank of Industry, Dr Olasupo Olusi, who was represented by the bank’s South-South Regional Manager, Mr. Babatunde Ajala commended IzeCarb for the self-funded project describing it as remarkable.

“In alignment with President Bola Ahmed Tinubu’s Renewed Hope Agenda, at the Bank of Industry, we are dedicated to supporting initiatives that foster economic diversification, import substitution, industrial growth and innovation,” he said.

Chairman, Akoko-Edo Local Government Area, Honourable Tajudeen Suleiman who was also present at the plant’s groundbreaking ceremony in February remarked that he was “Particularly delighted to witness the commissioning of the production plant.”

 

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Update: In 2025, Nigerians have been approved to earn US Dollars as salary while living in Nigeria.


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