Dangote Targets $1.2 Billion Turnover Yearly From Polypropylene
. Partners Vinmar For Global Distribution Of Products
By Sulaimon Salau
Dangote Petroleum Refinery and Petrochemicals FZE has announced an exclusive partnership with Premier Product Marketing LLC, a Vinmar company, to bring Dangote Polypropylene to global markets outside Nigeria and Africa.
This strategic agreement coincides with the launch of polypropylene production at Dangote’s world-class refinery and petrochemical complex in Lekki, Nigeria.
The state-of-the-art plant utilises INEOS’s proven INNOVENE technology to produce high-quality polypropylene grades for a wide range of applications in industries such as packaging, automotive, textiles, and construction.
Group Executive Director (Commercial), Dangote Group, Hajiya Fatima Aliko Dangote, said: “We’re pleased to partner Vinmar to introduce Dangote Polypropylene to the global markets,”
“The Dangote Polypropylene will follow other Dangote products to become a global brand known for quality and reliability.”
CEO of Vinmar Group, Vishal Goradia, added: “We are proud to expand our relationship with Dangote through this important partnership. Vinmar has been honoured to count Dangote as a valued customer in Nigeria for decades, and we are thrilled to now support the global launch of Dangote Polypropylene ™.”
The $2 billion petrochemical plant, located in Ibeju-Lekki, Lagos, is designed to produce 77 grades of polypropylene, with an annual capacity of 900,000 metric tonnes and an expected turnover of $1.2 billion.
The facility is positioned to meet growing demand in plastic processing industries globally.
Established in 1978, Vinmar is a global leader in the marketing and distribution of petrochemicals, employing over 1,500 people across 58 offices worldwide, and serving customers in more than 110 countries.
