Dangote's daughter reveals the reason for starting a new company

1 month ago 14
  • Dangote Refinery has inked a caller woody with Vinmar Group to export Dangote polypropylene into the planetary market
  • The $2 cardinal plant, with 830 mt capacity, started accumulation successful March 2025 and produces 25kg bags for the Nigerian market
  • Fatima Aliko, Dangote confirmed the partnership, saying the determination volition marque the caller steadfast a planetary brand

Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.

Dangote Refinery has announced a concern with Vinmar Group, a planetary petrochemical distributor, to export Dangote polypropylene into the planetary market.

Dangote’s $2bn works successful Lagos, with a accumulation capableness of 830 mt, began producing polypropylene successful March 2025, packaging 25kg bags for the Nigerian market.

 Bloomberg/ContributorAliko Dangote and his daughter, Fatima Aliko Dangote, program to export a caller merchandise from the refinery.
Source: Getty Images

Dangote refinery partners to export caller product

Dangote Group’s enforcement director, commercial, Fatima Aliko Dangote, disclosed that the determination shows the company’s thrust to marque Dangote polypropylene a world-class company.

According to her, the company’s concern with Vinmar to present polypropylene into the planetary marketplace follows Dangote’s products to go a planetary marque for prime and reliability.

The merchandise is simply a benignant of integrative polymer made from the chemic compound propylene. The grades produced are made for cardinal industries specified arsenic packaging, automotive, textiles, and operation owed to their durability, lightweight quality and chemic resistance.

Legit.ng reported that Nigeria imports astir 90% of its polypropylene needs, estimated astatine 250,000 metric tonnes per annum, with Nigerian manufacturers projecting that Dangote’s caller polypropylene merchandise could prevention Nigeria $267 million.

The Manufacturers Association of Nigeria (MAN) has revealed that Dangote Refinery’s accumulation of polypropylene, a cardinal merchandise successful plastic-making, volition revive Nigeria’s comatose textile manufacture and prevention the system $267 cardinal successful import costs.

MAN’s Director-General, Segun Kadir-Ajayi, stressed the struggles of the textile sector, a once-thriving industry, which employed implicit 25,000 workers successful the bluish region.

Kadir-Ajayi disclosed successful a caller tv interrogation that respective companies were forced to unopen down owed to the lack of polypropylene accumulation and the scarcity of FX for imports.

The caller installation produces 25kg bags

Business Insider reports that the caller Dangote installation aims to conscionable section needs and go a nett exporter of polypropylene.

In aboriginal May, the institution said it is expanding accumulation from 36 cardinal to 52 cardinal polypropylene bags monthly and is connected people to rise that fig successful the coming years.

Dangote Petroleum Limited volition grow into markets successful West, Central and Southern Africa with the caller product.

Dangote begins different  project, starts polypropylene productionChairman of the Dangote Group, Aliko Dangote, starts a caller manufacturing venture. Credit: Bloomberg/Contributor
Source: Getty Images

When afloat functional, the installation volition beryllium Africa’s largest polypropylene accumulation site, with 2 accumulation units having a 500,000 mt accumulation capableness annually and 330,000 mt per year, respectively.

Dangote acceptable to present different merchandise from the refinery

Legit.ng antecedently reported that the polypropylene portion astatine the Dangote lipid refinery successful Lagos has started. According to accusation obtained by The Punch, the polypropylene mill volition soon beryllium formally unveiled.

According to S&P Global, 1 of the last unfinished tasks for the lipid refinery and petrochemical analyzable successful its commissioning series is the opening of Dangote's 830,000 metric tonnes per twelvemonth polypropylene plant.

According to a commercialized source, the Dangote Group started proactively providing supplies of polypropylene arsenic aboriginal arsenic February.

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Source: Legit.ng

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