Dangote Group has signed a $400 million agreement with XCMG Construction Machinery Co., Ltd. to accelerate the expansion of its petroleum refinery and petrochemicals operations from 650,000 barrels per day to 1.4 million barrels per day.
The deal includes the acquisition of advanced construction machinery to support ongoing projects in refining, petrochemicals, agriculture, and infrastructure development. Once completed, the expansion will make the refinery the largest in the world.
The programme also targets a major increase in petrochemical output: polypropylene production will rise from 900,000 to 2.4 million metric tonnes per year, urea output in Nigeria will triple to 9 million metric tonnes annually, and Linear Alkyl Benzene (LAB) production will reach 400,000 metric tonnes per year, reinforcing Africa’s largest position in the detergent and cleaning agent sector.
In a statement, the Group described the investment as strategic, enhancing construction capacity and supporting its goal of building a $100 billion enterprise by 2030. The expansion is expected to be completed within three years, strengthening the Group’s regional market presence and global industrial footprint.
