IHS Chemical Week

Chemical Week Magazine :: New Construction Projects

Dangote Industries to build refinery, PP, and fertilizer units in Nigeria

7:43 AM MDT | September 20, 2013

Dangote Industries (Lagos) says it has signed a $3.3-billion loan agreement with a consortium of local and international banks. The loan will be used to construct the biggest oil refinery and petrochemical and fertilizer plants in Nigeria. The plants will cost $9 billion and create up to 9,500 direct and 25,000 indirect jobs in addition to reducing Nigeria’s refined fuel import volumes by about 50%. The plants will effectively stop imports of fertilizer. The project will be financed by $3 billion in equity and $6 billion in loan capital, the company says. The...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa