UNION DICON SALT PLC.

UNION DICON SALT PLC traces its origins to Dicon Salt Limited, which was established in 1984 as a joint venture between the Defence Industries Corporation of Nigeria (DICON) and its technical partners, AIMS of Brazil. By 1987, the company had commenced operations from a factory at Kirikiri Lighter Terminal in Lagos, focusing on importing bulk salt and undertaking refining processes. In 1991, Dicon Salt Limited merged with Union Salt Limited to form Union Dicon Salt Ltd., which subsequently transitioned into a public limited company and was listed on the Nigerian Stock Exchange on September 23, 1993. This evolution solidified its presence as a key player in the Nigerian consumer goods sector. The core business of UNION DICON SALT PLC revolves around the processing of crude salt. The company produces and distributes a range of salt products, including pure, refined, and iodized edible salts, as well as industrial salt used in various applications such as detergent manufacturing, animal feeds, leather tanning, and oil well operations. Its primary market is Nigeria, where it serves consumers and industrial clients through an established distribution network. The company also provides transportation and product testing services. Among its notable subsidiaries is Witt & Busch Limited. While the company has explored diversification into agribusiness, including cassava production and starch processing, its foundational identity remains rooted in salt production.