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BY ABU-SATAR HAMED
LAGOS, NIGERIA – Dangote Petroleum Refinery and Petrochemicals (FZE) has announced an exclusive partnership with Premier Product Marketing (LLC), a Vinmar company, to distribute Dangote Polypropylene™ to global markets outside Nigeria and Africa.
The strategic collaboration is projected to yield a $1.2 billion turnover annually, underscoring the economic potential of Dangote’s latest industrial milestone.
This landmark agreement aligns with the official launch of polypropylene production at Dangote’s world-class refinery and petrochemical complex located in Lekki, Lagos, Nigeria, marking a significant step in the company’s petrochemical expansion strategy.
The state-of-the-art plant utilises INEOS’s proven INNOVENE technology to produce high-quality polypropylene grades for a wide range of applications in industries such as packaging, automotive, textiles, and construction.
“We’re pleased to partner Vinmar to introduce Dangote Polypropylene™ to the global markets. The Dangote Polypropylene will follow other Dangote products to become a global brand known for quality and reliability”, Hajiya Fatima Aliko Dangote, Group Executive Director (Commercial), Dangote Group said.
“We are proud to expand our relationship with Dangote through this important partnership. Vinmar has been honoured to count Dangote as a valued customer in Nigeria for decades, and we are thrilled to now support the global launch of Dangote Polypropylene ™”, Vishal Goradia, CEO of Vinmar Group, added.
The $2 billion petrochemical plant, located in Ibeju-Lekki, Lagos, is designed to produce 77 grades of polypropylene, with an annual capacity of 900,000 metric tonnes and an expected turnover of $1.2 billion. The facility is positioned to meet growing demand in plastic processing industries globally.
Established in 1978, Vinmar is a global leader in the marketing and distribution of petrochemicals, employing over 1,500 people across 58 offices worldwide, and serving customers in more than 110 countries.
