Dangote Industries Ltd., one of the leading private sector companies in Nigeria, will be setting up a new petrochemical plant in the country to produce polypropylene, a common component for most fabric products.
Dangote Industries Ltd., one of the leading private sector companies in Nigeria, will be setting up a new petrochemical plant in the country to #
The firm has signed a loan agreement worth US$ 3.3 billion with a consortium of local and international banks for the construction of three new plants, including a petrochemical plant.
Dangote Industries Ltd., one of the leading private sector companies in Nigeria, will be setting up a new petrochemical plant in the country to #
According to a statement issued by the company, the plants will cost a total of US$ 9 billion for construction, and would generate up to 9,500 direct and 25,000 indirect jobs in the country.
Dangote Industries Ltd., one of the leading private sector companies in Nigeria, will be setting up a new petrochemical plant in the country to #
The US$ 3.3 billion loan facility was supported by a consortium of twelve local and international banks, which was jointly coordinated by Standard Chartered Bank as the global coordinator, and Nigeria’s Guaranty Trust Bank Plc as the local coordinator.
Dangote Industries Ltd., one of the leading private sector companies in Nigeria, will be setting up a new petrochemical plant in the country to #
President & CEO of Dangote Group, Aliko Dangote, who has been listed as Africa’s richest man by Forbes, said these plants will further entrench Africa’s role in the global map as a valued contributor for natural resources.
Dangote Industries Ltd., one of the leading private sector companies in Nigeria, will be setting up a new petrochemical plant in the country to #
He said the plants will make several African nations less dependent on importing petrochemical products from foreign countries.
Dangote Industries Ltd., one of the leading private sector companies in Nigeria, will be setting up a new petrochemical plant in the country to #
Dangote Industries is a manufacturer of various products including polypropylene sacks, mats and twine.
Dangote Industries Ltd., one of the leading private sector companies in Nigeria, will be setting up a new petrochemical plant in the country to #
Fibre2fashion News Desk - India