Union Dicon Salt Plc
NNSENG:UNIONDICON23.75
NGN
0.00
(0.00%)
ISIN
NGUNIONDICO1
Return %
Stock
S&P 500
1Y
169.89
14.20
3Y
193.21
81.12
5Y
139.90
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Florence Sam Iroye
- Sector
- Consumer non-durables
- Industry
- Food: major diversified
- Address
- Lagos Nigeria
- IPO Date
- Aug 16, 1995
- Website
- uniondiconsaltplc.com
- Similar Companies
- Business
- Union Dicon Salt Plc is a Nigeria-based manufacturing and agro-allied enterprise primarily engaged in the refining, processing, packaging, and distribution of edible and industrial salt products, alongside commercial agribusiness ventures. Founded in 1984 and headquartered in Lagos, Nigeria, the company maintains processing and packaging infrastructure with primary operational footprints in Lagos and Port Harcourt. Its core product portfolio comprises refined iodized table salt for retail household consumption; coarse and fine salt for baking, seasoning, and culinary applications; specialized food-grade salt for commercial meat, fish, and food processing; chemical-grade salt for industrial and manufacturing processes; livestock feed salt; and water softening and purification salt. In recent years, Union Dicon Salt Plc has initiated a major strategic transformation to diversify its core operations into large-scale agribusiness and agro-processing value chains. As part of this business reorganization, the company has entered into strategic partnerships and joint development agreements to develop commercial cassava plantations and agro-processing facilities for the production of industrial starch, ethanol, and high-quality cassava flour, alongside planned expansions into rice and oil palm cultivation. These recent operational and strategic shifts, coupled with ongoing corporate restructuring and capital realignment efforts, are designed to revitalize production capacity, broaden the company's agro-industrial product portfolio, and capture growing domestic and regional market demand across Nigeria and West Africa.