Showing posts with label West African Ceramics Limited. Show all posts
Showing posts with label West African Ceramics Limited. Show all posts

Thursday, 28 August 2014

Relief for ailing $600m ceramics industry as investors show interest



The wobbling ceramics industry valued at $600 million may be on the verge of resuscitation, as interest from the private sector picks up on the back of renewed enlightenment on the industry’s huge opportunities for growth and returns.
Gian Paolo Crasta, marketing and communication manager, Association of Italian Manufacturers of Machinery for Ceramics (AIMAC) is set to announce today (Thursday, August 28) plans by investors from Italy, to tap into the Nigerian tile sub-sector, while also providing the needed machineries for local businessmen who may be interested in the manufacture of the product. 
Also, the West African Ceramics Limited (WACL) has  recently announced interest to set up a $50 million ceramics plant (mainly tiles) at Agbara, Ogun State.
Similarly, over 100 individuals and private firms are currently