Connect with us

Business

Polypropylene: Dangote companions Vinmar for world distribution

Published

on

…Targets $1.2 billion turnover yearly

Dangote Petroleum Refinery and Petrochemicals FZE has introduced an unique partnership with Premier Product Advertising LLC, a Vinmar firm, to carry Dangote Polypropylene™ to world markets exterior Nigeria and Africa.

This strategic settlement coincides with the launch of polypropylene manufacturing at Dangote’s world-class refinery and petrochemical complicated in Lekki, Nigeria.

The state-of-the-art plant utilises INEOS’s confirmed INNOVENE expertise to provide high-quality polypropylene grades for a variety of purposes in industries equivalent to packaging, automotive, textiles, and building.

“We’re happy to accomplice Vinmar to introduce Dangote Polypropylene™ to the worldwide markets,” stated Hajiya Fatima Aliko Dangote, Group Govt Director (Industrial), Dangote Group. “The Dangote Polypropylene will observe different Dangote merchandise to turn out to be a world model identified for high quality and reliability.”

Vishal Goradia, CEO of Vinmar Group, added: “We’re proud to broaden our relationship with Dangote by this vital partnership. Vinmar has been honoured to rely Dangote as a valued buyer in Nigeria for many years, and we’re thrilled to now help the worldwide launch of Dangote Polypropylene ™.”

The $2 billion petrochemical plant, positioned in Ibeju-Lekki, Lagos, is designed to provide 77 grades of polypropylene, with an annual capability of 900,000 metric tonnes and an anticipated turnover of $1.2 billion. The power is positioned to fulfill rising demand in plastic processing industries globally.

Established in 1978, Vinmar is a world chief within the advertising and marketing and distribution of petrochemicals, using over 1,500 folks throughout 58 places of work worldwide, and serving prospects in additional than 110 nations.

Trending