Dangote Signs $400 Mln Equipment Deal with China's XCMG to Speed up Refinery Expansion

Dangote signs $400 mln equipment deal with China's XCMG to speed up refinery expansion

Nigeria's Dangote Group has signed a $400 million equipment deal with China's Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4 million barrels per day, the company said on Tuesday.

Dangote Refineries Seals $400 Million Deal to Triple Capacity

Dangote Group, which owns the biggest refinery in Africa, has signed an agreement with Chinese construction and mining equipment manufacturer XCMG to buy equipment for accelerating the refinery complex expansion.    The Dangote refinery, owned by Africa’s richest person Aliko Dangote, has a processing capacity of 650,000 barrels per day (bpd). Plans are to boost the capacity to 1.4 million bpd with petrochemicals projects. The expansion is curre…

Dangote Group and XCMG Ink $400M Deal to Boost Oil Refinery Expansion

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Nigeria: Dangote Signs $400m Equipment Deal for Refinery Expansion

Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China's leading manufacturers of construction machinery.

Dangote Signs $400M Deal with XCMG to Boost Refinery Expansion

Dangote Group has signed a $400 million agreement with Chinese heavy machinery giant XCMG Construction Machinery to supply advanced construction equipment. The partnership aims to accelerate the expansion of the Dangote Petroleum Refinery and support the group’s wider industrial and infrastructure projects across Africa.In a company statement, Dangote confirmed the deal will deliver a fleet of state-of-the-art machinery to complement its existin…

Dangote Group signs $400m deal to expand refinery to 1.4m barrels per day

The Dangote Group has signed a $400 million deal with XCMG Construction Machinery Company Limited to support the expansion of the refinery to 1.4m bpd.