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Dangote Group secures $400m Chinese equipment deal to expand refinery, petrochemicals

Business Pointer Admin9 months ago9 months ago03 mins

Dangote Group has signed a $400 million agreement with China’s XCMG Construction Machinery Co., Ltd. to acquire advanced construction equipment, as it ramps up expansion of its petroleum refinery and wider industrial operations. The deal will support the expansion of the Dangote Petroleum Refinery and Petrochemicals from its current 650,000 barrels per day to 1.4…

Dangote Refinery returns full throttle, targets 75m litres daily supply

Business Pointer Admin9 months ago9 months ago04 mins

Dangote Petroleum Refinery has announced a significant operational milestone following the full restoration and optimisation of its Crude Distillation Unit and Motor Spirit production block, a development that reinforces steady output at Africa’s largest oil refining complex. The company confirmed that both units, which recently underwent scheduled maintenance, are now operating at peak efficiency. To…